The Journal.

Hertz Rewards Its True Believers

May 20, 2021 · 19 min
0:00-19:24

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A strange thing happened last year after the rental car company Hertz filed for bankruptcy: its stock took off. Old hands on Wall Street thought that the people buying the stock - individual investors with no ties to institutions - were making a bad bet. But now, WSJ's Alexander Gladstone says, the little guys are getting the last laugh and seeing a big windfall.

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