DJ Waste Management Inc. Stock Rises Monday, Still Underperforms Market
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Shares of Waste Management Inc. $(WM)$ inched 0.19% higher to $218.31 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.39% to 5,893.62 and the Dow Jones Industrial Average falling 0.13% to 43,389.60.
The stock's rise snapped a two-day losing streak.
Waste Management Inc. closed $8.53 below its 52-week high ($226.84), which the company achieved on November 13th.
The stock underperformed when compared to some of its competitors Monday, as Ecolab Inc. $(ECL)$ rose 0.30% to $245.97 and Republic Services Inc. $(RSG)$ rose 0.50% to $209.08.
Trading volume (986,450) remained 432,938 below its 50-day average volume of 1.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 18, 2024.
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(END) Dow Jones Newswires
November 18, 2024 16:44 ET (21:44 GMT)
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