Hertz stock falls 50% due to poor earnings. Uber is the reason. People are tired paying a lot to rent a car. Also, there is a push to get extra money in car insurance. Folks, we see Uber as a disruptive mega company. Maybe our friendly motels will be affected as people drive less and use air more.
Thursday, November 10, 2016
Hertz
Hertz stock falls 50% due to poor earnings. Uber is the reason. People are tired paying a lot to rent a car. Also, there is a push to get extra money in car insurance. Folks, we see Uber as a disruptive mega company. Maybe our friendly motels will be affected as people drive less and use air more.
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