Junk Bond Yields Are Back Above 15%: 10 Stocks In The Pressure Zone
Junk bond yields surpassed 15%, the highest since 2022. These 10 stocks with bonds in XCCC carry $97 billion of debt as higher rates bite.
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Hertz Global Holdings Inc. (NASDAQ: HTZ) stock fell after Bill Ackman's Pershing Square exited its position, interrupting a retail rally driven by Q2 earnings and high short interest.
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Junk bond yields surpassed 15%, the highest since 2022. These 10 stocks with bonds in XCCC carry $97 billion of debt as higher rates bite.
Morgan Stanley analyst Adam Jonas maintains Hertz Global Holdings (NASDAQ:HTZ) with a Equal-Weight and lowers the price target from $3.5 to $3.
Kaplan Fox & Kilsheimer LLP has filed class action lawsuits against Wix.com, Hertz Global Holdings, and Hims & Hers Health on behalf of investors who suffered losses. The Wix lawsuit covers investors from February 19, 2025 to May 12, 2026, alleging the company misrepresented its AI capabilities while costs accelerated. Wix's stock fell 27.1% following disappointing Q1 2026 results. Investors with losses are encouraged to contact the firm before respective deadlines.
A class action lawsuit has been filed against Hertz Global Holdings, Inc. for allegedly making false and misleading statements about its liquidity, used-car market conditions, and financial performance. Investors who purchased Hertz stock between May 7, 2026 and June 23, 2026 have until September 22, 2026 to apply to be lead plaintiff in the lawsuit.