"Unfortunately because of Covid-19 which has caused an extremely rapid and substantial decrease in travel, Hertz has encountered major financial difficulties and I support the Board in their conclusion to file for bankruptcy protection," Icahn said in a"Yesterday I sold my equity position at a significant loss, but this does not mean that I don't continue to have faith in the future of Hertz," he continued.
Icahn added that he will "closely follow" Hertz's reorganization and plans to consider different ways to support the company in the future.
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This is really unfortunate
Sorry. Trump 2020 🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸
david_lemons_ sey dude you ain’t ever getting your money back
Good. Carl Icahn offloaded tons of stocks right before Trump announced tariffs when he was in white house.
Lol
I still remember him in 2015 saying that Apple could reach 1T$ but soon after he sold his shares at aprox 100$/share ... now apple is above $300 ...
Lol Hertz needs to go under. Let the other company’s take over.
Has he lost his touch?
Во Имя БОГА, Любимого. Слава Возвышенному. БОГ один, нет божества другого. Идолы и поклоняющиеся им, будут растопкой для огня Ада. Они будут там стонать вечно, но никто не услышит их мольбу. Сколько бы Я Пророк не призывал, большинство народов беспечны. Не покорились БОГУ.
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