"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.
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.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Walmart enters the $32 billion resale market by selling used goods - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Fuente: BusinessInsider - 🏆 729. / 51 Leer más »
Bankrupt Hertz doubled down on sedans when Americans wanted SUVs: WSJ - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Fuente: BusinessInsider - 🏆 729. / 51 Leer más »
Hertz discounted Chevrolet Corvettes gone after declaring bankruptcy - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Did Jared buy them all? Wasn’t widely advertised
Fuente: BusinessInsider - 🏆 729. / 51 Leer más »
The Internet of Medical Things report - Business Insider - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Fuente: BusinessInsider - 🏆 729. / 51 Leer más »
UK Parliament voices cash infrastructure concerns - Business Insider - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Fuente: BusinessInsider - 🏆 729. / 51 Leer más »
Best stock picks, advice from billionaire investor Mario Gabelli - Business InsiderBillionaire investor Mario Gabelli's flagship fund has delivered a 3,082% return since its inception. He told us his 13 favorite stocks right now — and the trends he's betting on for a post-coronavirus world. OlivAyi6
Fuente: BusinessInsider - 🏆 729. / 51 Leer más »