Shares of United Rentals Inc. URI rose 5.13% to $237.91 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 1.62% to 3,635.41 and the Dow Jones Industrial Average DJIA rising 1.54% to 30,046.24. This was the stock's fifth consecutive day of gains. United Rentals Inc. hit a new 52-week high, surpassing its previous peak of $227.81, which the company achieved on November 23rd.
The stock outperformed some of its competitors Tuesday, as Fastenal Co. FAST rose 2.15% to $48.94, Oshkosh Corp. OSK rose 2.69% to $86.92, and Terex Corp. TEX rose 3.76% to $33.36. Trading volume (1.2 M) eclipsed its 50-day average volume of 906,585.