DJ United Rentals Inc. Stock Underperforms Tuesday When Compared To Competitors
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Shares of United Rentals Inc. $(URI)$ sank 0.88% to $696.76 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.14% to 5,209.91 and the Dow Jones Industrial Average falling 0.02% to 38,883.67.
This was the stock's second consecutive day of losses.
United Rentals Inc. closed $35.61 below its 52-week high ($732.37), which the company reached on March 4th.
The stock underperformed when compared to some of its competitors Tuesday, as Herc Holdings Inc. $(HRI.UK)$ rose 1.19% to $167.64.
Trading volume (380,357) remained 152,600 below its 50-day average volume of 532,957.
Data source: Dow Jones Market Data, FactSet. Data compiled April 9, 2024.
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(END) Dow Jones Newswires
April 09, 2024 16:54 ET (20:54 GMT)
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