January 25, 2023

United Rentals Inc. stock falls Wednesday, underperforms market

Shares of United Rentals Inc. URI slumped 0.34% to $392.48 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA rising 0.03% to 33,743.84 and the S&P 500 Index SPX falling 0.02% to 4,016.22. The stock’s fall snapped a three-day winning streak. United Rentals Inc. closed $4.90 short of its 52-week high ($397.38), which the company achieved on January 24th.

Despite its losses, the stock outperformed some of its competitors Wednesday, as Herc Holdings…

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