DJ United Rentals Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of United Rentals Inc. $(URI)$ slipped 1.18% to $727.73 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.60% to 5,592.18 and Dow Jones Industrial Average falling 0.39% to 41,091.42.
This was the stock's third consecutive day of losses.
United Rentals Inc. closed $62.07 below its 52-week high ($789.80), which the company reached on July 26th.
Despite its losses, the stock outperformed some of its competitors Wednesday, as Herc Holdings Inc. $(HRI.UK)$ fell 2.36% to $140.49.
Trading volume (315,592) remained 249,149 below its 50-day average volume of 564,741.
Data source: Dow Jones Market Data, FactSet. Data compiled August 28, 2024.
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(END) Dow Jones Newswires
August 28, 2024 16:54 ET (20:54 GMT)
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