Hertz is trading 5.3% down at $1.80 as an early technical rebound fades following recent sharp declines.
- The stock was indicated 5.5% higher in pre-market trading, attempting a bounce after June guidance cuts and capital-raising plans.
- Shares remain under pressure amid continued volatility and broader weakness in consumer discretionary sentiment.
- No fresh company-specific news was reported today to drive the intraday reversal.