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 1.65% to $722.64 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.09% to 5,930.85 and the Dow Jones Industrial Average rising 1.18% to 42,840.26.
The stock's rise snapped a six-day losing streak.
United Rentals Inc. closed $174.34 short of its 52-week high ($896.98), which the company achieved on November 11th.
The stock underperformed when compared to some of its competitors Friday, as Herc Holdings Inc. $(HRI.UK)$ rose 1.98% to $187.33.
Trading volume (1.2 M) eclipsed its 50-day average volume of 540,012.
Data source: Dow Jones Market Data, FactSet. Data compiled December 20, 2024.
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(END) Dow Jones Newswires
December 20, 2024 16:55 ET (21:55 GMT)
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