DJ United Rentals Inc. Stock Underperforms Tuesday When Compared To Competitors Despite Daily Gains
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Shares of United Rentals Inc. $(URI)$ advanced 1.53% to $798.00 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.23% to 5,782.76 and the Dow Jones Industrial Average rising 1.02% to 42,221.88.
The stock's rise snapped a two-day losing streak.
United Rentals Inc. closed $63.74 short of its 52-week high ($861.74), which the company achieved on October 16th.
The stock underperformed when compared to some of its competitors Tuesday, as Herc Holdings Inc. $(HRI.UK)$ rose 3.89% to $215.05.
Trading volume (611,100) eclipsed its 50-day average volume of 454,984.
Data source: Dow Jones Market Data, FactSet. Data compiled November 5, 2024.
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(END) Dow Jones Newswires
November 05, 2024 16:52 ET (21:52 GMT)
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