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With a market cap of $80.8 billion, Waste Management, Inc. (WM) is a leading provider of comprehensive waste management and environmental solutions across North America and internationally. The company offers waste collection, recycling, disposal, renewable energy generation, and specialized services such as regulated waste management and secure information destruction.
Shares of the Houston, Texas-based company have lagged behind the broader market over the past 52 weeks. WM stock has declined 9.6% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 13.4%. Moreover, shares of the company are up marginally on a YTD basis, compared to SPX’s 15.8% gain.