Published on 20 Nov 2021 on Market Watch
Shares of Waste Management Inc. dropped 0.67% to $163.39 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.14% to 4,697.96 and Dow Jones Industrial Average falling 0.75% to 35,601.98. This was the stock's second consecutive day of losses. Waste Management Inc. closed $2.96 short of its 52-week high ($166.35), which the company achieved on November 18th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Republic Services Inc. fell 0.72% to $136.45, Waste Connections Inc. fell 0.55% to $137.53, and Veolia Environnement S.A. ADR fell 3.58% to $32.82. Trading volume (1.9 M) eclipsed its 50-day average volume of 1.5 M.