Has Hertz Been Delisted?

Let's start with the blunt truth: Hertz is a bankrupt company and its shares have been delisted from the NYSE.

What is happening with Hertz?

Hertz stock has been halted by regulators multiple times over the last year due to frenzied Reddit investors hailing from the WallStreetBets subreddit. Now that Hertz has announced its exit from bankruptcy, existing shareholders who bought in during Hertz's downtimes will likely profit.

Can a delisted stock come back?

A delisted stock can theoretically be relisted on a major exchange, but it's rare. The delisted company would have to avoid bankruptcy, solve the issue that forced the delisting, and again become compliant with the exchange's standards.

Robert Thorne

Robert Thorne

Automotive & Future Transportation Editor

Robert Thorne covers electric vehicle innovations, autonomous driving systems, global mobility trends, and automotive engineering developments.