Every once in a while, investors will get the chance to reverse engineer some of the latest and biggest decisions being made by some of the biggest investors in the market, those who are empowered with the benefit of insight due to successful track records and the sheer size of capital they manage for their investors. These authoritative figures often teach retail investors why a business is being bought and sold, and today, there’s a new unlikely signal. Hertz Global TodayHTZHertz Global$8.49 -0.03 (-0.35 ...

What Ackman sees in Hertz Billionaire Bill Ackman is one of the most closely followed investors. The head of Pershing Square Capital Management is known for betting on beaten- down big-brand stocks like Chipotle and Nike, and he's never hesitant to share his opinion, whether it's on the markets, politics, or another issue. So it wasn't a surprise to see Hertz Global (HTZ 44.48%) stock skyrocket after Ackman's fund disclosed a stake in the car rental business. Hertz shares jumped 126% in a two-day span as of ...