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Hertz - Chapter 11 vs Algorithms

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Hertz just filed for everyone’s favourite chapter in the book. I’m posting this idea 12 hours before the market opens because I am beyond curious how industrial algorithms will react to the announcement, plus the fearful trading sentiment around the stock.

This is the first time where I get to closely watch the price of a stock pre market hours after the bankruptcy announcement came in. I don’t know what to expect, but god nothing makes me more excited than algorithmic behaviour patterns.

Thoughts?


Current price: $2.84
Nota
On Monday, sorry lol** I forgot it was Friday night

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.