DJ Wabtec Stock Falls Wednesday, Underperforms Market
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Shares of Wabtec $(WAB)$ slid 4.00% to $190.27 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 2.95% to 5,872.16 and Dow Jones Industrial Average falling 2.58% to 42,326.87.
This was the stock's second consecutive day of losses.
Wabtec closed $17.24 below its 52-week high ($207.51), which the company reached on December 9th.
Trading volume (1.4 M) eclipsed its 50-day average volume of 1.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 18, 2024.
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(END) Dow Jones Newswires
December 18, 2024 16:59 ET (21:59 GMT)
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