Published on 2 Dec 2021 on Market Watch
Shares of Waste Management Inc. rallied 2.38% to $163.74 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.42% to 4,577.10 and the Dow Jones Industrial Average rising 1.82% to 34,639.79. The stock's rise snapped a two-day losing streak. Waste Management Inc. closed $4.30 below its 52-week high ($168.04), which the company reached on November 29th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Republic Services Inc. rose 3.10% to $136.02, Waste Connections Inc. rose 2.41% to $135.52, and Veolia Environnement S.A. ADR fell 0.49% to $32.29. Trading volume (1.3 M) remained 233,747 below its 50-day average volume of 1.6 M.