The stock fell 1.82% to $265.58 on Thursday, as the S&P 500 dropped 0.38% and the Dow Jones Industrial Average lost 0.63%.
The decline ended a two-day winning streak, while Wabtec still outperformed GATX, which sank 8.28%, though Trinity Industries and Greenbrier posted small gains.
Wabtec finished 3.72% below its 52-week high of $275.84 reached on 9 April, and trading volume of 895,068 was below its 50-day average.
With a record backlog and soaring profits, is Wabtec's stock now an undervalued gem after its recent dip?
Why are Wabtec executives selling stock while Wall Street analysts are forecasting a significant price surge?
Can Wabtec's 'razor-and-blade' model thrive as the rail industry shifts towards entirely new, greener locomotive technologies?