Wabtec Stock Rises Thursday, Outperforms Market
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Shares of Wabtec (WAB) rose 1.76% to $93.49 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.42% to 4,659.03 and Dow Jones Industrial Average falling 0.49% to 36,113.62. The stock's rise snapped a six-day losing streak. Wabtec closed $5.68 short of its 52-week high ($99.17), which the company achieved on January 5th.
The stock outperformed some of its competitors Thursday, as Trinity Industries Inc. (TRN) rose 0.92% to $30.64 and Greenbrier Cos. Inc. (GBX) rose 1.08% to $41.26. Trading volume (1.2 M) eclipsed its 50-day average volume of 846,828.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 13, 2022.
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(END) Dow Jones Newswires
January 13, 2022 17:30 ET (22:30 GMT)
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