Waste Management Inc Surges to 243rd in Trading Volume with $391 Million in Shares Exchanged

On May 7, 2025, Waste Management Inc. (WM) saw a significant surge in trading volume, with a total of $391 million in shares exchanged, marking a 35.54% increase from the previous day. This surge placed WM at the 243rd position in terms of trading volume among all stocks traded that day. The company's stock price also rose by 0.62%.

WM recently completed the acquisition of Maryland-based WB Waste Solutions for an undisclosed amount, as confirmed during the company's earnings call. This acquisition is part of a broader trend in the waste management sector, where top companies have collectively spent nearly $1.5 billion on mergers and acquisitions in the first quarter of 2025.

In other developments, the expansion plans for the Grand Central Sanitary Landfill in the Lehigh Valley region continue to progress slowly. More than six months have passed since the landfill's owner applied for a rezoning permit to facilitate the expansion, indicating that the project is still in the early stages of development.