Hertz Short Squeeze: The New Reddit Stock Play?

Shares of Hertz Global Holdings, Inc. (NASDAQ:HTZ) blasted 40% higher Tuesday in an apparent short-squeeze following the company's Q3 earnings release. HTZ stock is soaring. See the real-time price action here. The surge was driven by a combination of explosive earnings momentum and a potentially high-stakes short squeeze—a market phenomenon where rapid price appreciation forces short sellers to cover their positions by buying shares, which accelerates further gains.​Read Next: Michael Burry Is Super-Bearis ...