United Rentals Inc. Stock Outperforms Market Despite Losses On The Day

Viatris Inc

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Health Care : Pharmaceuticals | Mid Cap Value

Company profile

Viatris Inc. is a global healthcare company. The Company has four segments: Developed Markets, Greater China, JANZ and Emerging Markets. Developed Markets segment comprises its operations primarily in North America and Europe. Greater China segment includes its operations in China, Taiwan and Hong Kong. JANZ segment reflects its operations in Japan, Australia and New Zealand. Emerging Markets segment encompasses its presence in approximately 125 countries with developing markets and emerging economies including in Asia, Africa, Eastern Europe, Latin America and the Middle East, as well as its anti-retroviral franchise. Its portfolio comprises approximately 1,400 approved molecules across a range of key therapeutic areas, including globally recognized iconic and key brands, generics, complex generics, and biosimilars. It operates approximately 40 manufacturing sites worldwide, which produces oral solid doses, injectables, complex dosage forms and active pharmaceutical ingredients.

United Rentals Inc. Stock Outperforms Market Despite Losses On The Day

5:26 pm ET May 19, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of United Rentals Inc. (URI) slipped 0.29% to $272.61 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.58% to 3,900.79 and Dow Jones Industrial Average falling 0.75% to 31,253.13. This was the stock's second consecutive day of losses. United Rentals Inc. closed $142.38 short of its 52-week high ($414.99), which the company achieved on November 8th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Fastenal Co. (FAST) rose 0.08% to $51.34, Oshkosh Corp. (OSK) fell 0.64% to $89.62, and Terex Corp. (TEX) fell 1.64% to $32.39. Trading volume (686,131) remained 88,302 below its 50-day average volume of 774,433.

Data source: Dow Jones Market Data, FactSet. Data compiled May 19, 2022.

(END) Dow Jones Newswires

May 19, 2022 17:26 ET (21:26 GMT)

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United Rentals Inc. Stock Outperforms Market Despite Losses On The Day