Hertz Global Shares Rise 12.4%

The car rental company's stock price jumps after a strong trading day.

Apr. 4, 2026 at 1:48pm

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Hertz Global Holdings, Inc. (OTCMKTS:HTZZ) saw its stock price increase by 12.4% on Thursday, trading as high as $5.20 per share. The company, which operates the Hertz, Dollar, and Thrifty car rental brands, saw a significant increase in trading volume to over 10.9 million shares, up from an average of 577,139 shares.

Why it matters

Hertz's stock price increase reflects investor optimism in the company's recovery and growth potential as travel and transportation demands rebound from the pandemic. The jump in trading volume also suggests renewed market interest in Hertz, which emerged from bankruptcy in 2021.

The details

Hertz Global Holdings operates a fleet of rental vehicles across its Hertz, Dollar, and Thrifty brands, serving both leisure and business customers. The company has a market cap of $2.42 billion and a debt-to-equity ratio of 2.07. Hertz's current and quick ratios of 2.91 indicate strong liquidity.

  • Hertz Global's stock traded as high as $5.20 on Thursday, April 4, 2026.
  • The stock closed at $5.18, up 12.4% from the previous day's close of $4.61.

The players

Hertz Global Holdings, Inc.

A vehicle rental and mobility solutions provider that operates the Hertz, Dollar, and Thrifty car rental brands.

Walter L. Jacobs

The founder of Hertz, who started the company in Chicago in 1918.

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The takeaway

Hertz's stock price surge and increased trading volume suggest investors see the company's recovery and growth potential as travel demand rebounds from the pandemic. The company's strong liquidity ratios and history dating back to 1918 also contribute to its appeal as an investment.