S&P 5007,709.96▼0.2% Nasdaq26,348.35▼0.1% Dow53,885.10▼0.8% Russell 2K3,001.55▼0.6% 10-Yr4.67%+5bp VIX15.15−0.66 WTI$78.07▲3.8% Gold$4,292.00▲1.1% EUR/USD1.152▼0.3% BTC$64,975▲1.1% Nikkei65,101▼1.8%
At close · Fri, Aug 7, 2026
Daily Market Updates.

US Markets

Home›US Markets›Equities›Hertz shares jump 30% as short-squeeze pressure builds

Hertz shares jump 30% as short-squeeze pressure builds

Friday, August 7, 2026 · Written up by our desk · Equities

Hertz shares surged about 30% amid ongoing short-squeeze activity, according to Yahoo Finance.

The move comes as traders remain focused on heavily traded, low-priced Hertz stock, with the price rally continuing through the session.

Yahoo Finance also frames the action as part of a broader market backdrop, with other names moving on sector-specific themes.

← Newer storyValaris pulls back after rally as oil prices soften

More like this

US MarketsSpace stocks surge after Argus upgrade lifts sentiment
US MarketsTech stocks rise after earnings misses and Alphabet AI shake-up
US MarketsFAA orders inspections of some Boeing jets as Wall Street watches levels
US MarketsSpaceX shares rise about 18% for the week after earnings and lockup
US MarketsDoximity shares jump 50% as investors weigh medical AI potential

Sources

Yahoo FinanceHertz Jumps 30%, Bears Sweat As Short Squeeze Continues

Get the close, explained.

One email every trading day: what moved, why it moved, and what's on deck tomorrow. Read in 3 minutes.

Free. Unsubscribe anytime.