Published on 2 Dec 2021 on Market Watch
Republic Services Inc. stock outperforms market despite losses on the day
Shares of Republic Services Inc. slumped 0.25% to $131.93 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.18% to 4,513.04 and Dow Jones Industrial Average falling 1.34% to 34,022.04. This was the stock's second consecutive day of losses. Republic Services Inc. closed $14.05 short of its 52-week high ($145.98), which the company achieved on October 29th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Waste Management Inc. fell 0.10% to $160.51, Waste Connections Inc. fell 0.55% to $132.33, and Veolia Environnement S.A. ADR rose 0.56% to $32.45. Trading volume (1.4 M) eclipsed its 50-day average volume of 990,126.