DJ United Rentals Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of United Rentals Inc. $(URI)$ slid 3.78% to $715.82 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 2.31% to 5,427.13 and Dow Jones Industrial Average falling 1.25% to 39,853.87.
The stock's fall snapped a two-day winning streak.
United Rentals Inc. closed $44.16 short of its 52-week high ($759.98), which the company reached on July 18th.
Despite its losses, the stock outperformed some of its competitors Wednesday, as Herc Holdings Inc. $(HRI.UK)$ fell 4.84% to $145.88.
Trading volume (1.2 M) eclipsed its 50-day average volume of 565,614.
Data source: Dow Jones Market Data, FactSet. Data compiled July 24, 2024.
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(END) Dow Jones Newswires
July 24, 2024 16:53 ET (20:53 GMT)
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