
(Bloomberg) — Hertz Global Holdings Inc. shares had their biggest gain ever after CNBC reported that Pershing Square Capital Management had amassed a position of almost 20% in the beleaguered car rental company.Most Read from BloombergTrump Signs Executive Orders on Federal Purchasing, Office SpaceHow Did This Suburb Figure Out Mass Transit?Why the Best Bike Lanes Always Get BlamedLA County Floats Leaner Budget Burdened by Fire and Legal CostsDOGE Places Entire Staff of Federal Homelessness Age