Waste Management Inc. stock falls Tuesday, underperforms market


Shares of Waste Management Inc.
WM,
+0.55%

shed 0.26% to $152.27 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average
DJIA,
+0.03%

rising 0.31% to 33,733.96 and the S&P 500 Index
SPX,
-0.02%

falling 0.07% to 4,016.95. The stock’s fall snapped a two-day winning streak. Waste Management Inc. closed $23.71 below its 52-week high ($175.98), which the company achieved on August 18th.

The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Ecolab Inc.
ECL,
-0.83%

fell 0.40% to $153.67 and Republic Services Inc.
RSG,
+0.87%

fell 0.09% to $123.21. Trading volume (1.3 M) remained 401,764 below its 50-day average volume of 1.7 M.


Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *