Waste Management Inc. Stock Falls Tuesday, Still Outperforms Market
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Shares of Waste Management Inc. (WM) sank 0.83% to $155.35 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.84% to 4,577.11 and Dow Jones Industrial Average falling 1.51% to 35,368.47. This was the stock's fourth consecutive day of losses. Waste Management Inc. closed $12.69 below its 52-week high ($168.04), which the company achieved on November 29th.
Despite its losses, the stock outperformed some of its competitors Tuesday, as Republic Services Inc. (RSG) fell 0.96% to $128.61, Waste Connections Inc. (WCN.T) fell 1.04% to $124.31, and Veolia Environnement S.A. ADR fell 1.73% to $36.37.true Trading volume (2.0 M) eclipsed its 50-day average volume of 1.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 18, 2022.
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January 18, 2022 17:32 ET (22:32 GMT)
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