Hertz Plunges 14% After Reporting Abysmal Earnings

Hertz Plunges 14% After Reporting Abysmal Earnings:

Hertz stock plunged after hours after the car rental company missed first-quarter expectations, when it reported abysmal Q1 earnings. HTZ reported a Q1 net loss from continuing operations of $223 million, or $2.69 a share, including $30 million of impairment charges, a loss over four times greater compared to the $52 million it lost in Q1 of 2016.

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