Waste Management Inc. Stock Outperforms Competitors Despite Losses On The Day

MacroGenics Inc

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Health Care : Biotechnology | Small Cap Value

Company profile

MacroGenics, Inc. is a biopharmaceutical company that is focused on developing and commercializing antibody-based therapeutics for the treatment of cancer. It is developing product candidates that target various tumor-associated antigens and immune checkpoint molecules. Its lead pipeline program is MGC018, an antibody-drug conjugate (ADC) that targets B7-H3, a molecule in the B7 family of immune regulator proteins that is expressed by several different tumor types. It is also developing enoblituzumab, an Fc-optimized monoclonal antibody (mAb) that targets B7-H3 and molecules that target programmed cell death protein 1 (PD-1), a protein that is important in the regulation of the immune system's response to cancer. Its clinical pipeline includes two bispecific DART product candidates that co-engage both PD-1 and lymphocyte-activation gene 3 (LAG-3) (tebotelimab), and PD-1 and cytotoxic T-lymphocyte-associated protein 4 (CTLA-4) (lorigerlimab). In addition, it is also developing MGD024.

Waste Management Inc. Stock Outperforms Competitors Despite Losses On The Day

5:32 pm ET December 17, 2021 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

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.

-MarketWatch Automation

(END) Dow Jones Newswires

December 17, 2021 17:32 ET (22:32 GMT)