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Hertz Global News: 13 Things to Know as HTZ Stock Gets Kicked Off NYSE

Hertz Global (OTC:HTZGQ) news for Friday includes the company being delisted from the New York Stock Exchange.

Hertz sign in Montevrain, France on May 8, 2016.

Source: aureliefrance / Shutterstock.com

Here’s what investors still interested in Hertz Global need to know about the news.

  • The company is now listing its stock on the OTC Bulletin Board under the stock ticker HTZGQ.
  • This comes after the NYSE determined that HTZ stock was no longer fit to be traded on its exchange.
  • The reason behind this is Hertz Global’s ongoing bankruptcy issues.
  • It initially filed for bankruptcy on May 22, 2020.
  • Hertz Global tried to appeal the delisting decision but the NYSE didn’t change its mind.
  • As a result, this is the first day that the stock is officially no longer trading on the exchange.
  • This should come as no surprise to investors that were keeping track of the stock.

On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article.

Article printed from InvestorPlace Media, https://investorplace.com/2020/10/hertz-global-news-stock-kicked-off-nyse/.

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