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Why Herc Holdings Stock Surged This Week

A third-quarter adjusted earnings beat of $3. 91 per share, against a $2. 92 Wall Street estimate, sent Herc Holdings (NYSE: HRI) soaring 35. 8% this week. Herc Holdings stock changed hands at $173. 95 as of the close on Thursday, Oct. 29, up 35. 8% this week from Friday, Oct. 23's close through Thursday, Oct. 29's close. Across those five sessions, the S&P 500 (SNPINDEX: ^GSPC) gained 1. 3%, and the Nasdaq-100 was up 1. 5%.

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