Hertz (HTZ.US) reached a partnership with Amazon (AMZN.US) for the sale of used cars, leading to a 10% increase in pre-market trading.
Financial Channel APP learned that on Wednesday, according to reports, car rental company Hertz (HTZ.US) will start selling used cars through the Amazon Cars (AMZN.US) platform. After the news came out, Hertz's stock price surged 15% in pre-market trading. As of the time of writing, Hertz has risen by approximately 10% in pre-market trading in the US stock market.
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