Published on 15 Nov 2022 on Market Watch
Shares of United Rentals Inc. dropped 0.90% to $354.89 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.87% to 3,991.73 and the Dow Jones Industrial Average rising 0.17% to 33,592.92. The stock's fall snapped a three-day winning streak. United Rentals Inc. closed $32.60 short of its 52-week high ($387.49), which the company achieved on November 16th.
The stock underperformed when compared to some of its competitors Tuesday, as Fastenal Co. fell 0.10% to $51.63, Oshkosh Corp. rose 1.05% to $93.66, and Terex Corp. rose 1.07% to $45.20. Trading volume (889,577) eclipsed its 50-day average volume of 728,255.