Hertz is trading 11.55% down now at $2.48 as investors appear to be taking profits after the sharp rally that began with its August 6, 2026 earnings release.
- Hertz reported $2.4 billion in second-quarter revenue and $81 million in adjusted Corporate EBITDA, both above expectations.
- No new Hertz-specific announcement was identified on August 13, 2026.
- Broader markets are higher, supported by cooler inflation, so the decline appears primarily driven by post-rally selling rather than market weakness.