Waste Management Inc. Stock Rises Friday, Still Underperforms Market
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Shares of Waste Management Inc. (WM) advanced 1.13% to $147.90 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 2.43% to 4,431.85 and the Dow Jones Industrial Average rising 1.65% to 34,725.47. The stock's rise snapped an 11-day losing streak. Waste Management Inc. closed $20.14 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) rose 2.42% to $126.58, Waste Connections Inc. (WCN.T) rose 1.69% to $123.54, and Veolia Environnement S.A. ADR fell 1.01% to $35.43. Trading volume (3.2 M) eclipsed its 50-day average volume of 1.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 28, 2022.
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January 28, 2022 17:32 ET (22:32 GMT)
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