BLOOMBROKE
NEW YORK MARKET CLOSED

Hertz bankruptcy

Hertz (HTZ): filed for bankruptcy 22 May 2020. Came back 9 Nov 2021: Reorganized Hertz Global's new stock began trading on Nasdaq under HTZ. Hertz and the other defunct companies are on one page, each with its dates, prices and sources.

A headstone: HTZ. Hertz. Filed for bankruptcy 22 May 2020.
The Hertz headstone in the Bloombroke graveyard: filed for bankruptcy 22 May 2020.

Key dates and prices

TickerHTZ
Founded1918
What happenedFiled for bankruptcy, 22 May 2020
Came back9 Nov 2021
Trades today asHTZ
Checked29 Sep 2026

What happened

Hertz traces its vehicle rental business back to 1918.

Hertz filed for Chapter 11 on May 22, 2020, after rental demand collapsed during pandemic lockdowns.

The NYSE suspended trading in the stock after October 29, 2020, and it moved to the over-the-counter market as HTZGQ.

The winning bid from Knighthead Capital and Certares in May 2021 included a rare payout to existing shareholders.

Old shareholders received $1.53 in cash per share plus a small stake in the new company and warrants or rights.

Hertz left bankruptcy on June 30, 2021.

On November 9, 2021, its new stock began trading on Nasdaq and closed its first day at $26.17.

Cause: Chapter 11 as pandemic halted travel. Rare: old shareholders got paid. Back 2021.

What was the ticker symbol for Hertz stock?

Hertz traded under the ticker HTZ. Hertz: filed for bankruptcy 22 May 2020.

When did Hertz come back?

Hertz came back 9 Nov 2021. Reorganized Hertz Global's new stock began trading on Nasdaq under HTZ.

What happened to Hertz?

Hertz: filed for bankruptcy 22 May 2020. Rare: old shareholders got paid. Back 2021.

Checked 29 September 2026. History, not advice.

Sources: sec.gov, cnbc.com, cnbc.com

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