DJ United Rentals Inc. Stock Underperforms Friday When Compared To Competitors
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Shares of United Rentals Inc. $(URI)$ slid 2.35% to $681.10 Friday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.73% to 5,408.42 and Dow Jones Industrial Average falling 1.01% to 40,345.41.
This was the stock's fourth consecutive day of losses.
United Rentals Inc. closed $108.70 short of its 52-week high ($789.80), which the company reached on July 26th.
The stock underperformed when compared to some of its competitors Friday, as Herc Holdings Inc. $(HRI.UK)$ fell 2.08% to $132.07.
Trading volume (371,757) remained 155,541 below its 50-day average volume of 527,298.
Data source: Dow Jones Market Data, FactSet. Data compiled September 6, 2024.
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(END) Dow Jones Newswires
September 06, 2024 16:54 ET (20:54 GMT)
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