Waste Management Inc. Stock Rises Thursday, Outperforms Market
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Shares of Waste Management Inc. (WM) inched 0.80% higher to $161.94 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.62% to 4,725.79 and the Dow Jones Industrial Average rising 0.55% to 35,950.56. This was the stock's second consecutive day of gains. Waste Management Inc. closed $6.10 short of its 52-week high ($168.04), which the company reached on November 29th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Republic Services Inc. (RSG) rose 1.01% to $135.42, Waste Connections Inc. (WCN.T) rose 1.28% to $132.19, and Veolia Environnement S.A. ADR fell 0.17% to $36.05. Trading volume (1.5 M) remained 214,749 below its 50-day average volume of 1.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 23, 2021.
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December 23, 2021 17:31 ET (22:31 GMT)
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