Hertz Rewards Its True Believers

A strange thing happened last year after the rental car company Hertz filed for bankruptcy: its stock took off. Old hands on Wall Street thought that the people buying the stock - individual investors with no ties to institutions - were making a bad bet. But now, WSJ's Alexander Gladstone says, the little guys are getting the last laugh and seeing a big windfall. Learn more about your ad choices. Visit megaphone.fm/adchoices