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Shares of Wabtec jumped 10.04% to $290.00 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.14% to 7,498.96 and Dow Jones Industrial Average falling 0.01% to 52,218.58.
This was the stock's second consecutive day of gains.
Wabtec hit a new 52-week high, surpassing its previous peak of $284.91, which the company reached on June 25th.
The stock outperformed some of its competitors Wednesday, as GATX Corp. rose 0.72% to $180.34, Trinity Industries Inc. fell 2.33% to $36.06, and Greenbrier Cos. Inc. rose 2.14% to $51.13.
Trading volume (3.3 M) eclipsed its 50-day average volume of 879,267.
Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.
