HTZ Financial Report Shows Positive Results, Triggering Discussion in the WallStreetBets Community
2026-08-10 12:21:17
According to CoinMeta, based on early data from in, HTZ saw a significant increase of about 30% after its financial report on Thursday, and continued to rise during trading on Friday. As of July 15th, there were approximately 97.54 million short positions in HTZ, accounting for about 31.2% of the outstanding shares. Hertz reported revenue of about $2.396 billion in the second quarter, with a net profit of about $64 million, compared to a loss of $294 million in the same period last year. The company incurred a loss of $0.11 per share, which is better than the market's expectation of a loss of $0.24 per share. After adjustments, EBITDA amounted to about $81 million. Compared to GME in 2021, there is still a gap in the current short squeeze structure of HTZ.
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Source:Internet
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