Waste Management Inc. Stock Underperforms Friday When Compared To Competitors
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Shares of Waste Management Inc. (WM) shed 1.19% to $151.40 Friday, on what proved to be an all-around poor 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 seventh consecutive day of losses. Waste Management Inc. closed $16.64 below its 52-week high ($168.04), which the company achieved on November 29th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Republic Services Inc. (RSG) fell 0.28% to $127.99, Waste Connections Inc. (WCN.T) fell 0.29% to $122.70, and Veolia Environnement S.A. ADR fell 3.02% to $35.91. Trading volume (2.5 M) eclipsed its 50-day average volume of 1.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 21, 2022.
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January 21, 2022 17:32 ET (22:32 GMT)
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