Wabtec stock rises for second day and outperforms market

4 articles · Updated · MarketWatch · May 6

Shares gained 2.68% to $270.49 on Wednesday, with volume at 1.1 million, above the 50-day average of 966,912.
The stock finished 1.94% below its 52-week high of $275.84 set on 9 April, while the S&P 500 rose 1.46% and the Dow added 1.24%.
Wabtec also beat peers including GATX, Trinity Industries and Greenbrier, whose shares posted smaller gains in the broader positive market session.

With Wabtec's stock soaring, why is its CEO selling shares near its all-time high?

Is Wabtec's record backlog a bet on old locomotives or its new digital and green technology?