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Updated · MarketWatch · May 1Cintas Corp stock falls 2.92% and underperforms competitors
11 articles · Updated · MarketWatch · May 1
- Shares closed at $169.61 as the S&P 500 rose 0.29% to 7,230.12 and the Dow Jones Industrial Average slipped 0.31% to 49,499.27.
- Cintas lagged peers Aramark, down 1.62% to $44.95, and UniFirst, down 1.33% to $252.10, in a mixed broader market session.
- The stock finished 26.01% below its 52-week high of $229.24 reached on 6 June, while trading volume of 1.4 million was well below its 50-day average.
How might new technologies or sustainability trends disrupt the nearly 50% market share Cintas would hold after acquiring UniFirst? Could Cintas’s $5.5B UniFirst acquisition backfire if regulators block the deal or integration issues arise?