ET 18:33

WillScot, Herc Rise as Supreme Court Strikes Down Tariffs

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Regulatory

Shares of manufacturers including WillScot Mobile Mini and Herc Holdings rose on February 20, 2026, after the U.S. Supreme Court struck down Trump-era tariffs. The 6-3 decision ruled the administration improperly used the International Emergency Economic Powers Act, a move expected to reduce costs for imported materials and potentially accelerate interest rate cuts. Herc Holdings (HRC) traded at $153.31, recovering partially from a 12.1% decline on February 17, 2026. The stock had dropped following mixed Q4 2025 results, where revenue of $1.21 billion missed estimates despite adjusted earnings of $2.07 per share beating expectations. The company remains 15.4% below its 52-week high of $181.12.

EditorLim