Wabtec Stock Outperforms Market On Strong Trading Day
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Shares of Wabtec (WAB) inched 0.59% higher to $95.92 Monday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.05% to 35,619.25 and the S&P 500 Index falling 0.32% to 4,682.94. This was the stock's second consecutive day of gains. Wabtec closed $1.79 short of its 52-week high ($97.71), which the company achieved on November 10th.
The stock underperformed when compared to some of its competitors Monday, as Trinity Industries Inc. (TRN) rose 5.01% to $29.14 and Greenbrier Cos. Inc. (GBX) rose 1.11% to $40.82. Trading volume (1.3 M) eclipsed its 50-day average volume of 907,717.
Data source: Dow Jones Market Data, FactSet. Data compiled November 22, 2021.
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November 22, 2021 17:29 ET (22:29 GMT)
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