Why United Rentals Stock Plunged by Nearly 15% This Week

In recent days, investors have opted not to park their money in equipment leasing specialist United Rentals (NYSE: URI). That's because the company delivered quarterly results that fell short of analyst estimates for both revenue and profitability. Compounding that, a pundit at a very prominent bank cut his price target on the shares. Ultimately, across the five trading days of this week, United Rentals' stock fell by almost 15%, according to data compiled by S&P Global Market Intelligence. Where to inve ...