🔴 Waste Connections is trading 4.1% down today on apparent profit-taking after recent run-up

Waste Connections is trading 4.1% down at $166.35 as the stock pulls back following a period of significant gains.

• The decline follows a recent rally triggered by the company's July 22 upward revision of its revenue outlook and robust Q2 profit results.
• There are no fresh company-specific headlines or analyst downgrades this morning, suggesting the move is driven by profit-taking and rotation rather than a fundamental shift.
• The price action contrasts with a broadly positive market and mixed performance in the utilities sector, indicating a localized consolidation phase.