Waste Management Inc. Stock Falls Wednesday, Still Outperforms Market
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Shares of Waste Management Inc. (WM) slid 1.50% to $161.84 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.94% to 4,700.58 and Dow Jones Industrial Average falling 1.07% to 36,407.11. Waste Management Inc. closed $6.20 below its 52-week high ($168.04), which the company achieved on November 29th.
Despite its losses, the stock outperformed some of its competitors Wednesday, as Republic Services Inc. (RSG) fell 1.77% to $134.16, Waste Connections Inc. (WCN.T) fell 2.84% to $130.17, and Veolia Environnement S.A. ADR fell 2.09% to $36.15.true Trading volume (1.8 M) eclipsed its 50-day average volume of 1.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 5, 2022.
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January 05, 2022 17:32 ET (22:32 GMT)
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