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2025-05-06 14:24:34
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finance.yahoo.com on Nostr: finance.yahoo.com ✍️ Billionaire Bill Ackman's investment in Hertz Global ...



✍️ Billionaire Bill Ackman's investment in Hertz Global Holdings has sent the company's stock soaring, with Ackman predicting it could reach $30 by 2029. Ackman believes the company's fleet of vehicles will gain value due to tariffs, leading to increased utilization rates and lower expenses.
👉 Ackman's investment in Hertz has sent the company's stock soaring
👉 Ackman believes the company's fleet of vehicles will gain value due to tariffs
👉 Increased utilization rates and lower expenses could lead to increased profitability
👉 Potential for a short squeeze, where investors who have bet against the company's stock are forced to buy back shares
👉 Risks associated with investing in Hertz, including high level of short interest and uncertainty surrounding the impact of tariffs

#BillAckman #business

https://s.yimg.com/ny/api/res/1.2/7wJ6zkDekzRoJlufJHRHLQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD03OTk-/https://media.zenfs.com/en/motleyfool.com/0508ef7e752612b3d0e2eed0c2ef73ab

https://finance.yahoo.com/news/billionaire-bill-ackman-thinks-hertz-140700108.html

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