How Hertz bounced back from bankruptcy

How Hertz bounced back from bankruptcy

Assessment

Interactive Video

Business, Social Studies, Architecture

University

Hard

Created by

Quizizz Content

FREE Resource

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the primary reason Hertz filed for bankruptcy protection in 2020?

An increase in new car prices

A surge in competition from other rental companies

A rise in fuel prices

A significant drop in travel demand

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did retail traders influence Hertz's stock price during its bankruptcy?

By investing in competing companies

By buying shares through the Robinhood app

By shorting the stock

By selling off their shares

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What event marked the recovery of leisure and travel in 2021?

The launch of a new car rental service

The decline in fuel prices

The rollout of the COVID-19 vaccine

The introduction of new travel restrictions

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the outcome of the bidding war for Hertz?

Hertz was acquired by a single private equity firm

Hertz shareholders received $1 billion

Hertz was liquidated

Hertz was split into multiple companies

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What significant deal did Hertz make after emerging from bankruptcy?

A merger with another car rental company

A partnership with a major airline

An acquisition of a tech startup

A deal to purchase 100,000 electric cars from Tesla