May 19, 2024
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Waste Management Inc. stock underperforms Friday when compared to competitors despite daily gains – MarketWatch

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Shares of Waste Management Inc.
WM,
+0.71%
inched 0.71% higher to $166.90 Friday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index
SPX,
-0.26%
falling 0.26% to 4,766.18 and Dow Jones Industrial Average
DJIA,
-0.16%
falling 0.16% to 36,338.30. Waste Management Inc. closed $1.14 short of its 52-week high ($168.04), which the company reached on November 29th.

The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Republic Services Inc.
RSG,
+0.96%
rose 0.96% to $139.45, Waste Connections Inc.
WCN,
+0.50%
rose 0.50% to $136.27, and Veolia Environnement S.A. ADR
VEOEY,
+1.29%
rose 1.29% to $36.80. Trading volume (844,496) remained 782,937 below its 50-day average volume of 1.6 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: https://www.marketwatch.com/story/waste-management-inc-stock-underperforms-friday-when-compared-to-competitors-despite-daily-gains-01640989897-7b6820e36eb4