Waste Management Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Waste Management Inc. (WM) inched 0.62% higher to $162.85 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.10% to 4,696.05 and Dow Jones Industrial Average falling 0.47% to 36,236.47. Waste Management Inc. closed $5.19 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 Thursday, as Republic Services Inc. (RSG) rose 0.19% to $134.42, Waste Connections Inc. (WCN.T) rose 0.77% to $131.17, and Veolia Environnement S.A. ADR rose 0.72% to $36.41. Trading volume (1.2 M) remained 433,680 below its 50-day average volume of 1.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 6, 2022.
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January 06, 2022 17:32 ET (22:32 GMT)
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