DJ United Rentals Inc. Stock Underperforms Friday When Compared To Competitors Despite Daily Gains
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Shares of United Rentals Inc. $(URI)$ rose 3.90% to $745.03 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.15% to 5,634.61 and the Dow Jones Industrial Average rising 1.14% to 41,175.08.
United Rentals Inc. closed $44.77 below its 52-week high ($789.80), which the company achieved on July 26th.
The stock underperformed when compared to some of its competitors Friday, as Herc Holdings Inc. $(HRI.UK)$ rose 6.48% to $146.38.
Trading volume (283,735) remained 313,624 below its 50-day average volume of 597,359.
Data source: Dow Jones Market Data, FactSet. Data compiled August 23, 2024.
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(END) Dow Jones Newswires
August 23, 2024 16:53 ET (20:53 GMT)
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