Wabtec stock falls Thursday, underperforms market

Shares of Wabtec WAB slipped 0.06% to $96.17 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 1.76% to 3,960.28 and the Dow Jones Industrial Average DJIA rising 1.17% to 32,246.55. This was the stock’s second consecutive day of losses. Wabtec closed $11.69 short of its 52-week high ($107.86), which the company achieved on March 6th.

Trading volume (1.1 M) eclipsed its 50-day average volume of 979,300.