Hertz Shares Fall After Re-IPO Equity Offering – Barrons

Hertz Global Holdings is having a disappointing debut on the Nasdaq.

Its shares tumbled 19.8% Tuesday to $26.17 after the company increased the size of its equity offering Monday in what it called its “Re-IPO.”

 Hertz shares (ticker: HTZ), which shifted on Tuesday to the Nasdaq from the Pink Sheets, were hit hard in early afternoon trading…

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