Why Waste Management Stock Is Sinking Today

Shares of North America's largest garbage and recycling collection company, Waste Management (WM -3.27%), were down 4% as of 2 p.m. ET on Monday, according to data provided by S&P Global Market Intelligence.While this is not a dramatic drop in and of itself, it stands in stark contrast to the S&P 500 soaring 3% higher today on news of a potential trade deal between the United States and China.What's going on with Waste Management?In simplest terms, nothing actually changed with Waste Management or its opera ...