United Rentals Stock Surges 23% After Q1 Earnings Beat — Why Investors Rushed Back In
Shares of United Rentals Inc. surged 22.9% on Thursday, after the equipment rental giant turned in record first-quarter revenue and raised its full-year guidance—offering investors a clearer view of construction and industrial demand than anticipated. The stock finished the session at $986.77, a gain of $183.98, according to market data.