Waste Management Inc. stock falls Thursday, underperforms market – MarketWatch
Shares of Waste Management Inc.
WM,
-1.93%
slipped 1.93% to $153.88 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index
SPX,
-1.16%
falling 1.16% to 3,808.10 and Dow Jones Industrial Average
DJIA,
-1.02%
falling 1.02% to 32,930.08. This was the stock’s second consecutive day of losses. Waste Management Inc. closed $22.10 short of its 52-week high ($175.98), which the company reached on August 18th.
Despite its losses, the stock outperformed some of its competitors Thursday, as Ecolab Inc.
ECL,
-3.29%
fell 3.29% to $144.83 and Republic Services Inc.
RSG,
-2.13%
fell 2.13% to $125.52. Trading volume (1.5 M) remained 232,798 below its 50-day average volume of 1.7 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.