Waste Management Inc. stock outperforms market despite losses on the day

Shares of Waste Management Inc. WM dropped 0.15% to $161.92 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX falling 0.61% to 4,179.83 and Dow Jones Industrial Average DJIA falling 0.41% to 32,908.27.

Waste Management Inc. closed $14.06 short of its 52-week high ($175.98), which the company achieved on August 18th.

Despite…