URI

Discussion in 'Stocks' started by dealmaker, Jun 15, 2017.

  1. dealmaker

    dealmaker

    The Biggest Loser: United Rentals Slides 6.1%
    The slide in oil prices today made United Rentals the worst performer in the S&P 500.
    By
    Ben Levisohn
    Updated June 14, 2017 5:04 p.m. ET


    United Rentals(URI) tumbled to the bottom of the S&P 500 today asoil prices fell, raising concerns aboutits business segments exposed to oil and gas.

    [​IMG]
    United Rentals wiped out just like this dirt biker.ILLUSTRATION:GETTY IMAGES
    United Rentals dropped 6.1% to $104.81 today, while the S&P 500 dipped 0.1% to 2,437.92. WTI crude oil fell 3.7% to $44.73 today.

    United Rentals' market capitalization fell to $8.6 billion today from $9.4 billion yesterday. It reported net income of $566 million on sales of $5.8 billion in 2016.

    http://www.barrons.com/articles/the-biggest-loser-united-rentals-slides-6-1-1497474235
     
  2. trader482

    trader482

    It's a great buy in the mid 90's imo.