HTZWW

Hertz Global Holdings, Inc. operates as one of the world's largest vehicle rental companies, providing car and equipment rental services to airport and off-airport locations across North America, Europe, Latin America, Africa, Asia, and Australia. Headquartered in Estero, Florida, the company operates through its flagship Hertz brand alongside Dollar and Thrifty subsidiaries, serving both leisure and business travelers through approximately 10,000 corporate and franchisee locations worldwide. The company's fleet consists of hundreds of thousands of vehicles across various categories, from economy cars to luxury and electric vehicles. Hertz emerged from Chapter 11 bankruptcy in June 2021 under new ownership led by investment firms Knightshead Capital and Certares Management, following financial difficulties exacerbated by the COVID-19 pandemic. Post-bankruptcy, the company embarked on a significant fleet electrification initiative, ordering 100,000 Tesla vehicles and expanding partnerships with Polestar and General Motors to modernize its offerings. The HTZWW ticker represents warrants issued as part of the bankruptcy restructuring, giving holders the right to purchase common stock at a specified price. Hertz competes directly with Enterprise Holdings and Avis Budget Group in the global vehicle rental market, differentiating itself through strategic airport presence, technology investments in mobile booking platforms, and its commitment to transitioning toward sustainable transportation solutions.