Published on 19 Nov 2021 on Market Watch
Shares of Waste Management Inc. shed 0.56% to $164.49 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.34% to 4,704.54 and the Dow Jones Industrial Average falling 0.17% to 35,870.95. The stock's fall snapped a four-day winning streak. Waste Management Inc. closed $1.42 short of its 52-week high ($165.91), which the company achieved on November 17th.
The stock underperformed when compared to some of its competitors Thursday, as Republic Services Inc. fell 0.01% to $137.44, Waste Connections Inc. rose 0.20% to $138.29, and Veolia Environnement S.A. ADR rose 0.18% to $34.04. Trading volume (1.7 M) eclipsed its 50-day average volume of 1.5 M.