https://www.live-feeds.com/feed/why-hertz-stock-is-having-its-worst-day-everContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/why-hertz-stock-is-having-its-worst-day-everhttps://www.live-feeds.com/feed/why-hertz-stock-is-having-its-worst-day-ever#u17831Mon, 29 Jun 2026 21:39:02 +0000Hertz stock experienced its steepest single-day drop on record, falling almost 41% on Wednesday. The decline followed a reduced second-quarter earnings forecast and the announcement of capital-raising plans. The company attributed the lowered guidance to unexpected softness in the used-car market.What's confirmed:Hertz shares plunged almost 41% on Wednesday in their steepest one-day decline on record.The company reduced its second-quarter earnings forecast.Hertz announced plans to raise capital through stock and note offerings.The company cited unexpected softness in the used-car market as a c