WM ended the session at $164 Wednesday, after seven straight days of gains

Published: November 25 2022, 12:16 GMT+0

WM ended the session at $164 Wednesday, after seven straight days of gains

The US stock market is closed for the Thanksgiving holiday and resumes today. Meanwhile, here is a recap of Wednesday: after closing at $163.24 on Tuesday, Waste Management Inc rallied as high as $164.43 but ended the day at $164.

  • Wednesday's trading volume was 1.71 million shares which is slightly under the 21-day average of 1.77 million.

The US stock market is set to reconvene later today following Thanksgiving in 2 hours time. S&P 500 climbed to 4,027.26 (a 0.59% change). WM climbed to $163.24 with similar gains seen throughout the Industrials sector (up 0.321%).

3 months ago the waste management company reached a significant high of $175.29 but has consequently lost 6.87% since then. So far in 2022 it has been beating the S&P by 20%. Waste Management Inc is currently trading with a market cap of $67.32 billion with an average daily volume of 1.77 million shares. $5 billion was Waste Management Inc's last reported revenue with $1.26 being the current EPS.

This rally in WM's share price coincided with other industrials stocks as Deere & Company was up 5.03%. Boeing traded at $174.85 after closing Wednesday's trading day at $172.5 (up 1.36%). Lockheed Martin traded at $481.07 after closing Wednesday's trading day at $479.5 (up 0.33%).

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