Waste Management Inc. Stock Rises Tuesday, Outperforms Market
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Shares of Waste Management Inc. (WM) inched 0.82% higher to $165.14 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.26% to 36,398.21 and the S&P 500 Index falling 0.10% to 4,786.35. This was the stock's fourth consecutive day of gains. Waste Management Inc. closed $2.90 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 Tuesday, as Republic Services Inc. (RSG) rose 0.83% to $138.42, Waste Connections Inc. (WCN.T) fell 0.09% to $134.87, and Veolia Environnement S.A. ADR rose 2.22% to $36.84. Trading volume (1.0 M) remained 670,853 below its 50-day average volume of 1.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 28, 2021.
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December 28, 2021 17:32 ET (22:32 GMT)
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