Wabtec Stock Outperforms Competitors Despite Losses On The Day
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Shares of Wabtec (WAB) slipped 0.72% to $94.42 Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.14% to 4,670.29 and Dow Jones Industrial Average falling 0.45% to 36,068.87. This was the stock's fourth consecutive day of losses. Wabtec closed $4.75 short of its 52-week high ($99.17), which the company reached on January 5th.
Despite its losses, the stock outperformed some of its competitors Monday, as Trinity Industries Inc. (TRN) fell 1.44% to $30.72 and Greenbrier Cos. Inc. (GBX) fell 7.09% to $41.52. Trading volume (860,274) eclipsed its 50-day average volume of 832,708.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 10, 2022.
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(END) Dow Jones Newswires
January 10, 2022 17:31 ET (22:31 GMT)
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