W.W. Grainger Inc. Stock Rises Tuesday, Still Underperforms Market
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Shares of W.W. Grainger Inc. (GWW) rallied 1.08% to $530.80 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.63% to 3,859.11 and the Dow Jones Industrial Average rising 1.07% to 31,836.74. This was the stock's third consecutive day of gains. W.W. Grainger Inc. closed $57.82 short of its 52-week high ($588.62), which the company reached on August 16th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Fastenal Co. (FAST) rose 0.88% to $47.20, Watsco Inc. Cl B (WSO) fell 11.61% to $238.25, and Snap-On Inc. (SNA) rose 2.59% to $218.24. Trading volume (238,401) remained 85,896 below its 50-day average volume of 324,297.
Data source: Dow Jones Market Data, FactSet. Data compiled October 25, 2022.
(END) Dow Jones Newswires
October 25, 2022 16:58 ET (20:58 GMT)
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