Judge rules that Hertz can sell $1 billion worth of new stock, dealing a blow to investors who gobbled up shares after its bankruptcy (HTZ)

· Hertz, the car-rental giant which filed for bankruptcy in May due to the coronavirus pandemic, can sell $1 billion in new stock to raise money, a judge ruled Friday, according to The Wall Street Journal.
· Hungry traders have gobbled up the stock since its bankruptcy, and the company's lawyers cited that volatility as a...