Shares of Waste Management Inc. WM, -0.45% slumped 0.45% to $149.76 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, +0.69% rising 0.69% to 4,546.54 and the Dow Jones Industrial Average DJIA, +0.78% rising 0.78% to 35,405.24. The stock’s fall snapped a two-day winning streak. Waste Management Inc. closed $18.28 below 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 Tuesday, as Republic Services Inc. RSG, -1.32% fell 1.32% to $125.98, Waste Connections Inc. WCN, +0.10% rose 0.10% to $124.82, and Veolia Environnement S.A. ADR VEOEY, +0.89% rose 0.89% to $36.39. Trading volume (3.1 M) eclipsed its 50-day average volume of 1.9 M.