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Stock Markets(Reuters) -Hertz Global swung to a third-quarter profit after nearly two years on Tuesday, as the company relied on used vehicle sales and a newer fleet of rental cars to drive demand, sending its shares up 27% in premarket trading. The company has attempted to diversify operations by revamping its vehicle fleet and offering a fully online car-buying marketplace to contend with a slowdown in rental activity. A slump in demand prompted it to shed…See the Story
Hertz surges after swinging to third-quarter profit
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