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Shares of Waste Management Inc. (WM) advanced 2.16% to $166.04 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.87% to 4,668.67 and Dow Jones Industrial Average falling 0.08% to 35,897.64. The stock's rise snapped a three-day losing streak. Waste Management Inc. closed $2.00 below its 52-week high ($168.04), which the company achieved on November 29th.
The stock outperformed some of its competitors Thursday, as Republic Services Inc. (RSG) rose 1.41% to $139.09, Waste Connections Inc. (WCN.T) rose 0.34% to $132.27, and Veolia Environnement S.A. ADR rose 0.03% to $35.81. Trading volume (2.3 M) eclipsed its 50-day average volume of 1.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 16, 2021.
(END) Dow Jones Newswires
December 16, 2021 17:32 ET (22:32 GMT)
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