Hertz shares jumped 44% after Bill Ackman took a 20% stake, sparking hopes of activist changes despite financial struggles.

Billionaire Bill Ackman is one of the most closely followed investors. The head of Pershing Square Capital Management is ...

The rental-car company posted a loss of nearly $2.9 billion in 2024. Hertz chalked up the disappointing results to vehicle ...

The CEO of Hertz said he feels humbled following comments by billionaire investor Bill Ackman, whose investment management ...

Hertz CEO Gil West said he is “encouraged” and “energized” by prominent investor Bill Ackman taking a “significant” position ...

Uber's share price sits roughly around where Ackman bought back in February. At just 22 times forward earnings estimates as ...

Billionaire investor discloses nearly 20% stake in Hertz, lays out path to greater profitability ...

Pershing Square founder Bill Ackman kicked off a massive Hertz (HTZ) stock rally yesterday when a Securities and Exchange ...

Hertz shares soared Wednesday after billionaire Bill Ackman’s investment firm Pershing Square disclosed a sizable stake in ...

Bill and Karen Ackman once owned another apartment on the 17th floor of the building together, purchased for $26 million in ...

Pershing Square Capital Management says it now owns about 4.1% of the company.

NEW YORK — Billionaire hedge fund manager Bill Ackman, a prominent supporter of Republican President Donald Trump, has ...