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Shares of Wabtec (WAB) rose 3.92% to $90.49 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.42% to 4,577.10 and the Dow Jones Industrial Average rising 1.82% to 34,639.79. The stock's rise snapped a four-day losing streak. Wabtec closed $7.22 short of its 52-week high ($97.71), which the company achieved on November 10th.
The stock outperformed some of its competitors Thursday, as Trinity Industries Inc. (TRN) rose 3.25% to $26.40 and Greenbrier Cos. Inc. (GBX) rose 3.12% to $40.71. Trading volume (757,770) remained 110,269 below its 50-day average volume of 868,039.
Data source: Dow Jones Market Data, FactSet. Data compiled December 2, 2021.
(END) Dow Jones Newswires
December 02, 2021 17:29 ET (22:29 GMT)
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