Waste Management Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Waste Management Inc. (WM) shed 1.45% to $159.41 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 second consecutive day of losses. Waste Management Inc. closed $8.63 short of its 52-week high ($168.04), which the company achieved on November 29th.
Despite its losses, the stock outperformed some of its competitors Monday, as Republic Services Inc. (RSG) fell 1.60% to $131.63, Waste Connections Inc. (WCN.T) fell 1.79% to $127.91, and Veolia Environnement S.A. ADR fell 3.03% to $36.53.true Trading volume (2.3 M) eclipsed its 50-day average volume of 1.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 10, 2022.
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January 10, 2022 17:32 ET (22:32 GMT)
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