in late May, days after the car-rental giant filed for bankruptcy.
Retail investors have rushed to fill the void he left: Hertz stock has rocketed up nearly 900% from the low of 56 cents it hit on May 26. Similarly, JC Penney stock has surged more than 150% and Whiting has rebounded upwards of 800% since the companies entered Chapter 11.
Virus Survivors Could Suffer Severe Health Effects for Years ['
Yah right
The speculators are gonna get burnt...
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Investors flout logic, buying up Hertz and other bankrupt companies' stocksInvestors are piling into stocks of bankrupt companies, wagering against a court process that routinely wipes out shareholders. Wait, what? Eh, let em They just know that Trump's buddy Carl Icahn owns most of Hertz and that Trump will never let his buddy go broke. WSB autists piling in
Источник: latimes - 🏆 11. / 82 Прочитайте больше »
Investors flout logic, buying up Hertz and other bankrupt companies' stocksInvestors are piling into stocks of bankrupt companies, wagering against a court process that routinely wipes out shareholders. Wait, what? Eh, let em They just know that Trump's buddy Carl Icahn owns most of Hertz and that Trump will never let his buddy go broke. WSB autists piling in
Источник: latimes - 🏆 11. / 82 Прочитайте больше »
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Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »