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Shares of Waste Management Inc. (WM) inched 0.03% higher to $159.46 Tuesday, on what proved to be an all-around favorable 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. The stock's rise snapped a two-day losing streak. Waste Management Inc. closed $8.58 below its 52-week high ($168.04), which the company reached on November 29th.
The stock underperformed when compared to some of its competitors Tuesday, as Republic Services Inc. (RSG) rose 0.36% to $132.10, Waste Connections Inc. (WCN.T) rose 0.74% to $128.86, and Veolia Environnement S.A. ADR rose 1.75% to $37.17. Trading volume (2.2 M) eclipsed its 50-day average volume of 1.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 11, 2022.
(END) Dow Jones Newswires
January 11, 2022 17:32 ET (22:32 GMT)
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