W.W. Grainger Inc. Stock Rises Wednesday, Outperforms Market
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Shares of W.W. Grainger Inc. (GWW) rose 1.22% to $588.89 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.83% to 3,958.79 and Dow Jones Industrial Average falling 0.12% to 33,553.83. The stock's rise snapped a three-day losing streak. W.W. Grainger Inc. closed $23.17 short of its 52-week high ($612.06), which the company achieved on November 10th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Fastenal Co. (FAST) rose 0.25% to $51.76, Watsco Inc. Cl B (WSO) rose 7.24% to $284.97, and Snap-On Inc. (SNA) fell 0.99% to $233.98. Trading volume (235,675) remained 128,688 below its 50-day average volume of 364,363.
Data source: Dow Jones Market Data, FactSet. Data compiled November 16, 2022.
(END) Dow Jones Newswires
November 16, 2022 16:57 ET (21:57 GMT)
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