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Shares of United Rentals Inc. (URI) slipped 2.40% to $305.19 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.08% to 4,115.77 and Dow Jones Industrial Average falling 0.81% to 32,910.90. The stock's fall snapped a four-day winning streak. United Rentals Inc. closed $109.80 short of its 52-week high ($414.99), which the company reached on November 8th.
The stock underperformed when compared to some of its competitors Wednesday, as Fastenal Co. (FAST) fell 2.09% to $53.81, Oshkosh Corp. (OSK) fell 0.94% to $96.39, and Terex Corp. (TEX) fell 1.25% to $37.12. Trading volume (365,266) remained 425,793 below its 50-day average volume of 791,059.
Data source: Dow Jones Market Data, FactSet. Data compiled June 8, 2022.
(END) Dow Jones Newswires
June 08, 2022 17:26 ET (21:26 GMT)
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