Waste Management Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Waste Management Inc. (WM) slipped 0.51% to $156.65 Friday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.08% to 4,662.85 and the Dow Jones Industrial Average falling 0.56% to 35,911.81. This was the stock's third consecutive day of losses. Waste Management Inc. closed $11.39 short of its 52-week high ($168.04), which the company reached on November 29th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Republic Services Inc. (RSG) fell 0.60% to $129.86, Waste Connections Inc. (WCN.T) fell 1.59% to $125.62, and Veolia Environnement S.A. ADR fell 0.13% to $37.01. Trading volume (2.1 M) eclipsed its 50-day average volume of 1.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 14, 2022.
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January 14, 2022 17:32 ET (22:32 GMT)
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