Shares of Waste Management Inc. WM, -0.82% dropped 0.82% to $142.64 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX, -1.90% falling 1.90% to 4,418.64 and Dow Jones Industrial Average DJIA, -1.43% falling 1.43% to 34,738.06. This was the stock’s second consecutive day of losses. Waste Management Inc. closed $25.40 short of its 52-week high ($168.04), which the company achieved on November 29th.
Despite its losses, the stock outperformed some of its competitors Friday, as Republic Services Inc. RSG, -4.41% fell 4.41% to $120.18, Waste Connections Inc. WCN, -1.34% fell 1.34% to $120.64, and Veolia Environnement S.A. ADR VEOEY, -2.94% fell 2.94% to $36.31.true Trading volume (2.3 M) eclipsed its 50-day average volume of 2.0 M.
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