# Hertz Stock Rises 12% After $80M Oro Mobility Investment

> Hertz stock jumps 12% as Oro Mobility secures $80m investment from private funds.
- Title: Hertz Stock Rises 12% After $80M Oro Mobility Investment
- Summary: Hertz stock jumps 12% as Oro Mobility secures $80m investment from private funds. Hertz Global Holdings stock rose 12% to $2.06 after announcing a strategic…
- Keywords: hertz, oro mobility, hertz global holdings, strategic equity investment, private investors, ryder system, avis budget group, transportation stocks, Stock, Rises, 80M, Oro
- Source: 24/7 Wall St. — https://247wallst.com/investing/2026/10/20/hertz-soars-12-as-oro-mobility-lands-80m-investment-ryder-and-avis-tick-up
- Author: David Moadel
- Published: 2026-10-20T15:44:10+00:00
- Read time: 1 min
- Topics: hertz, oro mobility, hertz global holdings, strategic equity investment, private investors, ryder system, avis budget group, transportation stocks
## Hertz Stock Surges
Hertz stock rose 12% to $2.06 after announcing a strategic equity investment in its Oro Mobility subsidiary.
## Oro Mobility Secures $80M Investment
Oro Mobility received $80 million strategic equity investment from Cohen Private Ventures and Certares Opportunities funds.
## Ryder and Avis Shares Rise
Ryder stock gained 2% to $240.01 while Avis shares climbed 0.9% to $103.34.
## Transportation Stocks Strengthen
The iShares Transportation Average ETF rose 2% to $80.57 as transportation stocks gained strength.
## Hertz CEO Links Investment to Transformation
Hertz CEO Gil West tied the investment to the company's broader transformation strategy.
## Oro Mobility's Next Challenge
Oro Mobility faces the next test of establishing autonomous vehicle partnerships with new capital.
## Key takeaway

Hertz Global Holdings stock rose 12% to $2.06 after announcing a strategic equity investment in its Oro Mobility subsidiary for $80 million.