Hertz stock price options volume in Hertz stock price

Options volume in Hertz stock price surged 32% compared to the monthly average, driven by speculative call buying ahead of travel season data releases. This could inject short-term volatility into the ticker. Shares of both Hertz and Carvana fell in mid-day trading Tuesday, but their stock prices are both up more than 81% year-to-date. Hertz also aims to lower depreciation per unit below $300 by the end of 2025 through the company’s fleet rotation strategy – which raised to 70% the share of its vehicles that were 12 months or newer in May, according to the company’s Q1 investor call. Market chatter around Hertz stock price includes speculation on strategic partnerships in the EV space. Fundamental analysts view such developments as potentially accretive to earnings multiples if executed effectively.