Once a 'stonk,' Hertz Reveals Dilemma Companies Face in Reddit Frenzy - Yahoo Finance -BoardProspects

Once a 'stonk,' Hertz Reveals Dilemma Companies Face in Reddit Frenzy

Yahoo Finance Feb 8 2021 BoardBlogs

By Jessi(Reuters) - Months before the irrational trading in GameStop Corp, there was Hertz Global Holdings Inc. Operating under bankruptcy protection last spring once the COVID-19 pandemic wiped out its business, the car-rental giant confronted an extraordinary situation: Its stock price was skyrocketing for no apparent reason...
Read Full Article

Bookmark or Share this article

Login to comment.
Related Articles
- Mozambique PM Fires Board of Directors After Flight Cancellation also mentions Airlines
- Six Reasons To Consider Establishing An Advisory Board By: Susan Hammond also categorized in BoardBlogs
- Is Your Board Meeting Location a Distraction? by Susan Hammond also categorized in BoardBlogs
- Great Advice for Board Candidates (and Boards) By: Mark Rogers also categorized in BoardBlogs
- J.C. Penney's Busy Board also mentions American Airlines
- Everyone Gets Rated By Leigh Tucker also categorized in BoardBlogs
- Are You Ready for an Advisory Board? Twelve Questions to Help You Decide By: Susan Hammond also categorized in BoardBlogs
- Mellanox, Starboard Select Directors to Join Board also published in Yahoo Finance
- Relaxing the Volcker Rule: A Real Mistake also published in Yahoo Finance
- Nonprofit Governance: Why It Matters to Attend Board Meetings By Susan Hammond also categorized in BoardBlogs

Search:
Categories
1. BoardProspects Features:
  Board Recruitment Publication, BoardBlogs, BoardKnowledge, BoardMoves, BoardNews, BoardProspects Announcements, BoardProspects CEO, CEO Blog, Competitor Corner, In the News, Member Report, Partner Publications, Question of The Week, Sponsored Content
Quotes
1. Taking advantage of what could potentially be a manipulated market would trigger both reputational and legal concerns.
Topics Mentioned
- Board of Directors
- COVID-19
- Stock
- SEC
- COVID
- Covid-19 pandemic
- Bankruptcy
- Airlines
- Reddit
- GameStop
- American Airlines
- AMC Entertainment
- J.C. Penney
- Jay Clayton
- Hertz
- stock sale
- York
- Hertz Global Holdings Inc.
- Companies
- C