Hertz’s stock was flat this year. Now billionaire Bill Ackman is driving it higher. - MarketWatch
1. Hertz's stock surged 23.9% after investor interest spiked. 2. Bill Ackman's hedge fund purchased $46.5 million in Hertz stock. 3. Stock prices may rise due to higher new-car costs from tariffs. 4. Hertz is still 35% below last year's stock price. 5. Potential recession could reduce car rental demand.