Waste Management Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Waste Management Inc. (WM) sank 0.02% to $159.43 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.28% to 4,726.35 and the Dow Jones Industrial Average rising 0.11% to 36,290.32. Waste Management Inc. closed $8.61 short of 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 Wednesday, as Republic Services Inc. (RSG) fell 0.21% to $131.82, Waste Connections Inc. (WCN.T) rose 0.14% to $129.04, and Veolia Environnement S.A. ADR fell 0.97% to $36.81. Trading volume (1.6 M) remained 33,971 below its 50-day average volume of 1.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 12, 2022.
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January 12, 2022 17:32 ET (22:32 GMT)
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