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Hertz Global Holdings Inc. (NASDAQ: HTZ ) stock surged more than 20% in Friday’s premarket session after the rental-car company reported second-quarter results that beat Wall Street expectations, raised confidence in its turnaround and prompted CEO Gil West to argue that the stock’s current valuation is “tough to under
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Hertz Global Holdings is down 17% premarket on a proposed offering of $300 million of exchangeable senior first-lien secured PIK notes and $100 million of common stock