Hertz Global stock jumps 15.08% to $2.06

REE Automotive (REE) fell 63% to a 52-week low of $0.068 after confirming its Nasdaq delisting. Hertz Global (HTZ) dropped over 3% to a five-year low of $2.02 due to financing concerns and weaker guidance. O'Reilly Automotive (ORLY) declined over 6% to a 52-week low of $82.71 amid acquisition-related uncertainty.

Hertz (HTZ) announced leadership changes under a new four-part operating model. Michael Moore and Chris Berg were appointed as Presidents of Service and Rental divisions, respectively, effective September 9, 2026. Both previously held senior roles at the company.

Lucid Group (LCID), Oracle (ORCL), and Hertz (HTZ) hit 52-week lows. LCID fell 16% amid restructuring speculation, denying bankruptcy rumors. ORCL dropped 2% due to AI infrastructure spending concerns. HTZ initially fell but closed 0.5% higher despite debt and depreciation issues.

SOC, HTZ, and COSM stocks fell to 52-week lows. SOC dropped 56% after a $450M offering plan. HTZ declined 1.5% due to price target cuts. COSM initially fell but closed up 5.54% after a $5M share buyback plan. SOC and HTZ have declined 73% and 56% this year, respectively, while COSM is down 64.48%.

Hertz Global Holdings (HTZ) shares rose over 19% after announcing an expanded partnership with Uber (UBER). The collaboration includes a new entity, Oro Mobility, offering fleet management solutions. Oro will support Uber's robotaxi program and provide fleet services. HTZ has outperformed the S&P 500 this year, while UBER shares were down slightly.

Hertz (HTZ) stock rose 5.4% after announcing a 5-year tech partnership with Verra Mobility and receiving investment-grade ratings on vehicle financing notes. The company's shares closed at $2.14, up 4.1% from the previous day. Hertz has seen significant volatility, with 61 moves greater than 5% in the past year. The stock is down 59.2% year-to-date and 72.7% below its 52-week high.