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Hertz Stock Soars 56% on Surprise Purchase by Activist Investor
Hertz Stock Soars 56% on Surprise Purchase by Activist Investor · Barrons.com

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Investors appear excited that Pershing may see something they don’t, or that it will make changes at the company to unlock value. Pershing declined to comment on its 12.7 million share stake. Hertz didn’t immediately respond to a request for comment.