Car Rental Stock Hits, Rebounds Off Post-Earnings Record Low

It's been a volatile day for Hertz Global Holdings Inc (NASDAQ:HTZ). The stock is rebounding after earlier hitting a record low of $7.73, last seen up 8.2% at $8.88. The company reported wider-than-expected losses of $1.36 per share before the bell this morning, compared to analyst estimates of a -0.76 EPS. Analysts have yet to chime in on the results, though over in the options pits, HTZ has already seen 2.3 times the average daily options volume. So far, 13,000 calls and 10,000 puts have been exchanged, w ...