M
Mohamed El-Erian
President at Queens' College, Cambridge
2417012 followers
Good morning. Hertz, the car rental company, continues to highlight this moment of notable market decoupling from fundamentals. After seeing its stock price rise almost tenfold and then collapse back (chart) -- all during a bankruptcy process -- the company is asking the bankruptcy judge to allow it to issue stock. See below from the Bloomberg Markets coverage. https://lnkd.in/g6PnfQt #economy #markets #finance #hertz #stocks #bloomberg
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