Waste Management Inc. Stock Falls Thursday, Underperforms Market
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Shares of Waste Management Inc. (WM) slipped 1.16% to $146.25 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.54% to 4,326.51 and Dow Jones Industrial Average falling 0.02% to 34,160.78. This was the stock's 11th consecutive day of losses. Waste Management Inc. closed $21.79 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 Thursday, as Republic Services Inc. (RSG) fell 1.20% to $123.59, Waste Connections Inc. (WCN.T) fell 0.90% to $121.49, and Veolia Environnement S.A. ADR rose 0.59% to $35.79. Trading volume (2.9 M) eclipsed its 50-day average volume of 1.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 27, 2022.
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January 27, 2022 17:32 ET (22:32 GMT)
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