Bloomberg Hertz’s stock surges after bankruptcy, then plummets. Bloomberg (Bloomberg) — In their first session since the business exited from bankruptcy on Wednesday, shares of Hertz Global Holdings Inc. have seen some significant swings. In the first half-hour of trading on Thursday, the stock, which resumed trading over-the-counter under the new ticker “HTZZ,” fluctuated between enormous gains and losses. It began trading at $22 and quickly rose more than 50% to $35 before reversing course and falling to as low as $16. Hertz is no stranger to volatility, as the stock has been volatile for a long time./n
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