Waste Management Inc. Stock Underperforms Thursday When Compared To Competitors
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Shares of Waste Management Inc. (WM) slipped 1.24% to $157.45 Thursday, on what proved to be an all-around grim 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. This was the stock's second consecutive day of losses. Waste Management Inc. closed $10.59 short of its 52-week high ($168.04), which the company reached on November 29th.
The stock underperformed when compared to some of its competitors Thursday, as Republic Services Inc. (RSG) fell 0.90% to $130.64, Waste Connections Inc. (WCN.T) fell 1.08% to $127.65, and Veolia Environnement S.A. ADR rose 0.68% to $37.06. Trading volume (1.4 M) remained 218,489 below its 50-day average volume of 1.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 13, 2022.
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January 13, 2022 17:32 ET (22:32 GMT)
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