Republic Services Trading Volume Surges 116.73% to 241st Position Despite Stock Price Decline

On June 9, 2025, Republic Services (RSG) saw a significant surge in trading volume, with a total of $389 million in shares exchanged, marking an 116.73% increase from the previous day. This surge placed RSG at the 241st position in terms of trading volume for the day. However, the stock price of Republic Services (RSG) has been on a downward trend, falling by 1.41% and marking its fifth consecutive day of decline, with a total decrease of 3.36% over the past five days.

Melius Research has initiated coverage of Republic Services (RSG) with a Hold rating and set a price target of $281. The firm believes that the company's current valuation is fair, given its strong market position and consistent performance. Despite the market's growing appreciation for the waste management sector, Melius Research advises caution, citing potential regulatory challenges and competitive pressures.