Presented with little comment… because if this doesn’t wake people up to the unreality of the stock ‘market’, nothing will. Hertz has ripped higher 8 days in a row, surging over 18% in that period as analysts and talking heads piled on proclaiming how wonderful it is.. and then:
- *HERTZ HAS DECIDED TO WITHDRAW 2014 FINANCIAL GUIDANCE
- *HERTZ EXPECTS TO BE WELL BELOW LOW END OF 2014 GUIDANCE
Must be a one-off idiosyncratic issue right?