Hertz Hits the Gas, VENU Turns Up the Volume, and Wingstop Keeps Flying High

24/7 Market News
Tuesday, November 4, 2025 at 4:08pm UTC

DENVER, Colo., Nov 04, 2025 (247marketnews.com)- From Hertz’s (NASDAQ:HTZ) comeback to profitability to VENU’s (NYSE:VENU) strategic alignment with Live Nation (NYSE:LYV), the theme of the day is momentum.

Hertz (NASDAQ:HTZ): From Meme Legend to Mobility Leader

Once a poster child of the meme-era short squeezes that rivaled GameStop (NYSE:GME) and AMC Entertainment (NYSE:AMC), Hertz Global Holdings is back in the spotlight for a far more fundamental reason, profitability.

The company reported $2.5 billion in Q3 2025 revenue and $184 million in net income, marking its first positive EPS ($0.42) in two years. Adjusted corporate EBITDA surged to $190 million, up roughly $350 million year-over-year, as Hertz completed its fleet transformation and streamlined operations.

CEO Gil West called the quarter “proves that we’re delivering on our commitments: driving strong results through focused execution and operational discipline,” noting record 84% utilization, the company’s best since 2018. With $2.2 billion in liquidity, refreshed vehicle economics, and strong retail car sales through its Hertz Car Sales platform, the company appears to have driven full circle, from meme mania to measurable management success.

VENU (NYSE:VENU): Setting the Stage for a Short Squeeze Symphony

All eyes are on VENU, which could be setting up for an epic short squeeze. With roughly 10 days to cover in short interest, analysts say a single catalyst, like the company’s latest deal with Live Nation (NYSE:LYV), could ignite a classic chain reaction.

In its latest Form 8-K, VENU outlined details of its Sunset Amphitheater at Broken Arrow, slated to open in summer 2026, alongside an update on its upcoming Centennial, Colorado development. The amphitheater will operate as an “open room”, meaning multiple promoters can book events instead of relying on an exclusive operator.

That flexibility allowed VENU to sign a Multi-Event Incentive Agreement with Live Nation, enabling the entertainment giant to book shows on a non-exclusive basis, with escalating bonuses tied to performance. The structure benefits both parties, Live Nation has proven time and again that it’s deeply committed to the success of the music industry as a whole. By collaborating with partners like VENU, they help create the kind of world-class environments that allow live performances to thrive.

Live Nation continues to demonstrate leadership by working with artists, promoters, and independent venue partners to strengthen the broader live-entertainment ecosystem. The company’s expanding portfolio of partnerships, from clubs to major outdoor venues, underscores a long-term commitment to artist development, audience engagement, and community impact.

According to Live Nation’s latest filings, the company invested roughly $14 billion in global artist support last year, tripling the number of club and theater shows hosted a decade ago. These investments reinforce Live Nation’s reputation as a catalyst for growth across the music industry.

The Oklahoma VENU project adds to VENU’s growing national footprint, which includes multiple large-scale amphitheater developments in progress across the U.S., each designed to deliver an immersive fan experience and attract major touring acts.

With a $5 billion development pipeline, zero-debt PPP model, and $100 million+ annual NNN capital, traders are watching closely.

Wingstop (NASDAQ:WING): Still Flying Above Expectations

Wingstop delivered another spicy quarter, reporting 10% system-wide sales growth to $1.4 billion, driven by 114 net new openings and a digital mix that’s now nearly 73% of total sales. Adjusted EBITDA hit $63.7 million, reflecting continued pricing power and operational leverage.

Investors love Wingstop’s recipe: asset-light expansion, strong brand loyalty, and digital dominance. The stock remains a favorite among growth-focused consumer investors heading into the holiday quarter.

iHeartMedia (NASDAQ:IHRT): Turning Up the Digital Dial

Legacy radio giant iHeartMedia continues its shift toward digital. Its Digital Audio Group grew 13.4% year-over-year, with podcasting revenue up 28.5%, offsetting declines in traditional broadcast.

While leverage remains heavy (net debt around $4.6 billion), the pivot shows promise. The company’s brand reach and first-party data give it an advantage in the increasingly competitive streaming and podcasting landscape.

For the full 24/7 Market News VENU report and in-depth insights, including analyst reports, visit: Read 24/7 Market News VENU Report/ or click here to read Cenorium’s full Venu analyst report on 247marketnews.com.

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