DJ Waste Management Inc. Stock Rises Friday, Still Underperforms Market
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Shares of Waste Management Inc. $(WM)$ inched 0.15% higher to $205.83 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.09% to 5,930.85 and the Dow Jones Industrial Average rising 1.18% to 42,840.26.
This was the stock's second consecutive day of gains.
Waste Management Inc. closed $24.56 below its 52-week high ($230.39), which the company reached on November 27th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Ecolab Inc. $(ECL)$ rose 1.17% to $238.29 and Republic Services Inc. $(RSG)$ fell 0.11% to $203.73.
Trading volume (3.7 M) eclipsed its 50-day average volume of 1.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 20, 2024.
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(END) Dow Jones Newswires
December 20, 2024 16:45 ET (21:45 GMT)
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