Should You Sell Hertz Stock?

Should You Sell Hertz Stock?

COVID-19 claimed a major corporate victim when Hertz (NYSE: HTZ) filed for bankruptcy protection last Friday. A question many investors might be asking right now amid this flurry of news is: Should I sell Hertz stock? For more context, investors must better understand the situation facing Hertz and why its lenders refused to grant the rental company an extension on its auto lease debt payments.