Wochit News's video: Hertz Stock Tanks 25

@Hertz Stock Tanks 25%

On Monday bankrupt car-rental company Hertz filed to sell up to $500 million in new shares. Business Insider reports the stock fell nearly 25% in premarket trading Monday. The move comes just after Hertz shares surged nearly 70% Friday when the company won bankruptcy court approval to sell up to $1 billion in new shares. Hertz warned the new common stock could "ultimately be worthless" due to their bankruptcy proceedings. https://www.businessinsider.com/hertz-stock-price-filing-sell-million-new-shares-bankruptcy-worthless-2020-6 http://www.wochit.com This video was produced by YT Wochit News using http://wochit.com

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This video was published on 2020-06-15 19:54:31 GMT by @Wochit-News on Youtube. Wochit News has total 163K subscribers on Youtube and has a total of 3.4K video.This video has received 2 Likes which are lower than the average likes that Wochit News gets . @Wochit-News receives an average views of 2.2K per video on Youtube.This video has received 0 comments which are lower than the average comments that Wochit News gets . Overall the views for this video was lower than the average for the profile.

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