DJ United Rentals Inc. Stock Underperforms Tuesday When Compared To Competitors
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Shares of United Rentals Inc. $(URI)$ slid 1.62% to $655.97 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.17% to 37,798.97 and the S&P 500 Index falling 0.21% to 5,051.41.
This was the stock's third consecutive day of losses.
United Rentals Inc. closed $76.40 short of its 52-week high ($732.37), which the company achieved on March 4th.
The stock underperformed when compared to some of its competitors Tuesday, as Herc Holdings Inc. $(HRI.UK)$ fell 0.04% to $158.23.
Trading volume (568,385) eclipsed its 50-day average volume of 504,044.
Data source: Dow Jones Market Data, FactSet. Data compiled April 16, 2024.
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(END) Dow Jones Newswires
April 16, 2024 16:54 ET (20:54 GMT)
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