Coinspeaker Hertz Global Stock Down 16% Yesterday, Up 5% in Pre-market, Company on Brink of BankruptcyHertz Global's debts make up about $20 billion. If Hertz does not agree with its creditors about how to rework its debt before May 22, it will have to file for Chapter 11 court protection. HTZ stock price has fallen significantly.Hertz Global Stock Down 16% Yesterday, Up 5% in Pre-market, Company on Brink of Bankruptcy