Wabtec Stock Falls Friday, Still Outperforms Market
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Wabtec (WAB) slid 1.69% to $90.33 Friday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.89% to 4,397.94 and Dow Jones Industrial Average falling 1.30% to 34,265.37. This was the stock's fourth consecutive day of losses. Wabtec closed $8.84 below its 52-week high ($99.17), which the company reached on January 5th.
Despite its losses, the stock outperformed some of its competitors Friday, as Trinity Industries Inc. (TRN) fell 3.23% to $27.57 and Greenbrier Cos. Inc. (GBX) fell 3.55% to $37.73. Trading volume (985,982) eclipsed its 50-day average volume of 857,284.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 21, 2022.
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January 21, 2022 17:31 ET (22:31 GMT)
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