7/1/21 (TH): Anyone Able to Trade the NEW Hertz?

[Recyclersteve]

Is anyone able to trade the new Hertz Rent-a-Car stock as yet? I realize the symbol for the new stock is gonna be HTZZ. But my broker (Schwab) says they can’t get it set up in the system until they get a CUSIP number from the exchange. In other words, my having the symbol is NOT enough.

Even if you don’t want Hertz in your account at all, can you try to place a trade for a gift price to see if your broker’s system will even allow trades. Barron’s says it should begin trade at an estimated $13.80 per share. So see if you can place an order to buy 100 shares at, say, $1 a share.

Please report back who your broker(s) is/are. Also, if you find out later today or tomorrow that you can indeed trade HTZZ, please update this thread.

Thanks in advance.

P.S. I am also curious about the warrants, which will trade as HTZZW and are estimated to begin trade today at about $9 each.

[Recyclersteve]

As of about 10:20am EST I was able to trade Hertz stock and warrants online with Schwab. It was tricky. I had to have a broker walk me through the trade online in a different way than normal so as to trick the system into accepting my trade. Oh well- at least it worked.

By the way HTZZ stock was as high ad $35 today. Unfortunately I didn’t have shares yet so I couldn’t take advantage of that ridiculous price as yet. Oh well…

[natsb88]

I can place orders on Firstrade. It says "data not available for this ticker" where it would normally show charts and stats, but it accepted an order without issue.

[Recyclersteve]

Thanks Nate.