United Rentals Inc. Stock Rises Friday, Still Underperforms Market
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Shares of United Rentals Inc. URI inched 0.60% higher to $244.36 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 1.06% to 3,825.33 and the Dow Jones Industrial Average DJIA rising 1.05% to 31,097.26. This was the stock's second consecutive day of gains. United Rentals Inc. closed $170.63 below its 52-week high ($414.99), which the company reached on November 8th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Fastenal Co. FAST fell 0.36% to $49.74, Oshkosh Corp. OSK fell 0.13% to $82.03, and Terex Corp. TEX rose 2.05% to $27.93. Trading volume (526,724) remained 337,965 below its 50-day average volume of 864,689.
Data source: Dow Jones Market Data, FactSet. Data compiled July 1, 2022.
(END) Dow Jones Newswires
July 01, 2022 17:26 ET (21:26 GMT)
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