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Leasing names hit by Hertz warning

  • Rental and leasing names are getting bruised up after Hertz lowered guidance sharply after weak Q3 numbers.
  • Decliners include Textainer Group Holdings (TGH -8.4%), HERC Holdings (HRI -5.8%), GATX Corp. (GATX -2%), United Rentals (URI -2%), Aircastle (AYR -1.6%), Willis Lease (WLFC -1.1%), Ryder System (R -0.9%) and Aaron's (AAN -1.3%).
  • The words "depreciation adjustment" from Hertz seem to be doing the damage.
  • Previously: Dizzying fall for Hertz Global after earnings (Nov. 8)

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SymbolLast Price% Chg
TGH--
Textainer Group Holdings Limited