Hertz Shareholders In Pain After Q1 Miss

Hertz Global Holdings, Inc HTZ shares are trading lower by $2.05 (13.7 percent) at $12.86 in Tuesday's session.

After Monday's close, the company reported a much wider-than-expected adjusted EPS of $0.70 along with a $70 million sales miss.

After a lower open, Hertz continued to make a new all-time low at $11.78 before mounting a rebound. That far exceeds its former all-time low of $14.26, which was made on Monday. Since making that low, the stock has rebounded to make a new high for the session at $13.30.