W.W. Grainger Inc. Stock Falls Friday, Underperforms Market
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Shares of W.W. Grainger Inc. (GWW) slid 3.59% to $586.52 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.92% to 3,992.93 and the Dow Jones Industrial Average rising 0.10% to 33,747.86. W.W. Grainger Inc. closed $25.54 below its 52-week high ($612.06), which the company achieved on November 10th.
The stock underperformed when compared to some of its competitors Friday, as Fastenal Co. (FAST) fell 0.13% to $51.80, Watsco Inc. Cl B (WSO) rose 7.24% to $284.97, and Snap-On Inc. (SNA) fell 0.73% to $234.31. Trading volume (448,220) eclipsed its 50-day average volume of 356,418.
Data source: Dow Jones Market Data, FactSet. Data compiled November 11, 2022.
(END) Dow Jones Newswires
November 11, 2022 16:57 ET (21:57 GMT)
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