United Rentals Inc. Stock Falls Thursday, Underperforms Market
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Shares of United Rentals Inc. URI slid 2.28% to $235.84 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 0.95% to 3,795.73 and the Dow Jones Industrial Average DJIA rising 0.64% to 30,677.36. This was the stock's second consecutive day of losses. United Rentals Inc. closed $179.15 short of its 52-week high ($414.99), which the company achieved on November 8th.
The stock underperformed when compared to some of its competitors Thursday, as Fastenal Co. FAST rose 1.20% to $50.44, Oshkosh Corp. OSK fell 1.98% to $80.59, and Terex Corp. TEX fell 1.69% to $27.89. Trading volume (954,688) eclipsed its 50-day average volume of 827,252.
Data source: Dow Jones Market Data, FactSet. Data compiled June 23, 2022.
(END) Dow Jones Newswires
June 23, 2022 17:26 ET (21:26 GMT)
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