The Biggest Loser: United Rentals Tumbles 5.2%

United Rentals (URI) tumbled to the bottom of the S&P 500 today after beating earnings forecasts but missing on revenue.

United RentalsĀ dropped 5.2% to $113.24 today, while the S&P 500 rose 0.8% to 2,355.84

RBC’sĀ Seth Weber and team explain why investors frowned on United Rentals’ earnings report:
Source: Barrons

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