Hertz and Amazon Strike a Deal, and Hertz Investors Could Be Reaping the Rewards

Hertz Global (NASDAQ: HTZ) and Amazon (NASDAQ: AMZN) recently announced a deal in which the former will sell used cars on the latter's website. Investors clearly believe the deal will help Hertz's business. They sent the share price up 12.5%, from $5.20 to $5.85, from Aug. 19 through Aug. 27. What has investors so excited? And, more importantly, is the deal a long-term value-creating opportunity for Hertz? It's time to look closer at the deal and Hertz's fundamentals.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool