Hertz skyrockets more than 100% after Jefferies suggests CarMax or AutoNation could 'swoop in' (HTZ)

Hertz skyrockets more than 100% after Jefferies suggests CarMax or AutoNation could 'swoop in' (HTZ)

Business Insider

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· *Jefferies analyst Hamzah Mazari suggested that auto dealers such as Avis, CarMax, and AutoNation may be eyeing bankrupt Hertz in a Wednesday note. *
· *Shares of Hertz skyrocketed more than 100% in intraday trading Wednesday, before paring some gains. *
· *The most obvious way for auto dealers to swoop in on Hertz...

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