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Shares of Wabtec (WAB) shed 2.14% to $92.40 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.92% to 4,713.07 and the Dow Jones Industrial Average rising 0.51% to 36,252.02. This was the stock's fifth consecutive day of losses. Wabtec closed $6.77 below its 52-week high ($99.17), which the company reached on January 5th.
The stock underperformed when compared to some of its competitors Tuesday, as Trinity Industries Inc. (TRN) rose 0.49% to $30.87 and Greenbrier Cos. Inc. (GBX) fell 1.69% to $40.82. Trading volume (1.3 M) eclipsed its 50-day average volume of 825,690.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 11, 2022.
(END) Dow Jones Newswires
January 11, 2022 17:31 ET (22:31 GMT)
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