Waste Management Inc. Stock Rises Monday, Still Underperforms Market
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Shares of Waste Management Inc. (WM) rallied 1.14% to $163.79 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.38% to 4,791.19 and the Dow Jones Industrial Average rising 0.98% to 36,302.38. This was the stock's third consecutive day of gains. Waste Management Inc. closed $4.25 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 Monday, as Republic Services Inc. (RSG) rose 1.37% to $137.28, Waste Connections Inc. (WCN.T) rose 2.12% to $134.99, and Veolia Environnement S.A. ADR fell 0.03% to $36.04. Trading volume (1.3 M) remained 403,945 below its 50-day average volume of 1.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 27, 2021.
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December 27, 2021 17:32 ET (22:32 GMT)
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