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Shares of Waste Management Inc. (WM) shed 2.85% to $161.31 Friday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.03% to 4,620.64 and Dow Jones Industrial Average falling 1.48% to 35,365.44. Waste Management Inc. closed $6.73 below its 52-week high ($168.04), which the company achieved on November 29th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Republic Services Inc. (RSG) fell 2.95% to $134.98, Waste Connections Inc. (WCN.T) fell 1.53% to $130.25, and Veolia Environnement S.A. ADR fell 1.03% to $35.44. Trading volume (2.6 M) eclipsed its 50-day average volume of 1.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 17, 2021.
(END) Dow Jones Newswires
December 17, 2021 17:32 ET (22:32 GMT)
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