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At least 7,500 Robinhood traders bought Hertz stock after its latest 100% pump


Robinhood traders are apparently hell-bent on resurrecting Hertz despite the company’s repeated warnings that its stock could soon be “worthless.” Hertz stock has miraculously pumped once again and (surprise, surprise) Robinhood traders like what they see. $HTZ went from Tuesday’s low of $1.11 to a high of $2.38 on Wednesday — up 114% in 48 hours. Such a sudden rise would presumably trigger Robinhood traders to sell their Hertz shares en masse. After all, two weeks have passed since the car rental firm’s bankruptcy filing illogically triggered its stock to surge 680% in four days. In the week that followed, Hertz stock would…

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