10 Stocks Crash Hard on a Roaring Monday

8. Hertz Global Holdings, Inc. (NASDAQ:HTZ)

Hertz Global declined for a second day on Monday, shedding 3.39 percent to finish at $6.83 apiece following the issuance of a new $685-million debt.

According to the company, its subsidiary Hertz Vehicle Financing III LLC issued two series of notes in a bid to raise funds for operational liquidity and fleet expansion.

Three days prior, Hertz Vehicle Financing III also amended its Series 2021-A Supplement to issue $300 million in new Class B Notes with a fixed interest rate of 9.28 percent. The notes have a tenor of three years and will mature in June 2028.

Hertz Global Holdings, Inc. (NASDAQ:HTZ) is an American car rental company based in Florida, which owns brands, namely Dollar Rent A Car, Firefly Car Rental, and Thrifty Car Rental. It is set to announce the results of its second quarter earnings performance on August 7, 2025.