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Hertz shares slump after loss outstrips estimates in CEO's debut quarter

Wednesday, May 10, 2017 - 05:50

Southfield

HERTZ Global Holdings Inc lost almost twice as much as expected in chief executive officer Kathryn Marinello's first quarter at the helm, sending the shares tumbling in extended trading.

The stock dropped as much as 18 per cent after Monday's close in New York. The

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