HTZ stock jumps to a session high of $2.65 amid elevated trading volume, extending recent swings in the car rental company.
Hertz Global (HTZ) shares climbed 18.4% by mid-morning Tuesday, continuing a pattern of sharp intraday moves. The stock earlier hit a session peak of $2.65 as trading volume exceeded typical levels.
The rally follows recent volatility in HTZ, which has seen abrupt price swings in prior sessions. The stock remains below its 52-week high but has rebounded from earlier lows amid fluctuating investor sentiment.
No immediate catalyst for the move was disclosed, though market participants continue to monitor the company’s restructuring efforts and broader sector trends.