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Shares of Waste Management Inc. (WM) slumped 0.03% to $162.53 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.63% to 4,709.85 and the Dow Jones Industrial Average rising 1.08% to 35,927.43. This was the stock's third consecutive day of losses. Waste Management Inc. closed $5.51 short of its 52-week high ($168.04), which the company reached on November 29th.
The stock underperformed when compared to some of its competitors Wednesday, as Republic Services Inc. (RSG) rose 1.24% to $137.15, Waste Connections Inc. (WCN.T) rose 0.53% to $131.82, and Veolia Environnement S.A. ADR rose 2.99% to $35.80. Trading volume (2.8 M) eclipsed its 50-day average volume of 1.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 15, 2021.
(END) Dow Jones Newswires
December 15, 2021 17:32 ET (22:32 GMT)
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