W.W. Grainger Inc. Stock Outperforms Market Despite Losses On The Day
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Shares of W.W. Grainger Inc. (GWW) slid 1.61% to $591.01 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 2.08% to 3,748.57 and Dow Jones Industrial Average falling 1.95% to 32,513.94. The stock's fall snapped a two-day winning streak. W.W. Grainger Inc. closed $15.11 short of its 52-week high ($606.12), which the company achieved on November 8th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Fastenal Co. (FAST) fell 1.81% to $48.88, Watsco Inc. Cl B (WSO) rose 7.24% to $284.97, and Snap-On Inc. (SNA) fell 0.52% to $227.37. Trading volume (234,039) remained 124,562 below its 50-day average volume of 358,601.
Data source: Dow Jones Market Data, FactSet. Data compiled November 9, 2022.
(END) Dow Jones Newswires
November 09, 2022 16:57 ET (21:57 GMT)
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