DJ Waste Management Inc. Stock Underperforms Friday When Compared To Competitors
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Shares of Waste Management Inc. $(WM)$ slipped 1.72% to $217.90 Friday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.32% to 5,870.62 and Dow Jones Industrial Average falling 0.70% to 43,444.99.
This was the stock's second consecutive day of losses.
Waste Management Inc. closed $8.94 below its 52-week high ($226.84), which the company achieved on November 13th.
The stock underperformed when compared to some of its competitors Friday, as Ecolab Inc. $(ECL)$ fell 0.96% to $245.24 and Republic Services Inc. $(RSG)$ fell 0.68% to $208.04.
Trading volume (1.8 M) eclipsed its 50-day average volume of 1.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 15, 2024.
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(END) Dow Jones Newswires
November 15, 2024 16:44 ET (21:44 GMT)
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