Ackman Bets Big on Hertz as Tariff Tailwinds Boost Fleet Value: 'Investing Is Risky, There Are No Guarantees of a Successful Outcome'

Bill Ackman‘s hedge fund Pershing Square Capital Management has acquired a significant stake in Hertz Global Holdings Inc. (NYSE:HTZ). What Happened: The stake, which includes both share ownership and total return swaps, has been built up since the end of last year. Ackman is of the opinion that…