W.W. Grainger Inc. Stock Falls Wednesday, Underperforms Market
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Shares of W.W. Grainger Inc. (GWW) slid 0.19% to $604.32 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.59% to 4,027.26 and the Dow Jones Industrial Average rising 0.28% to 34,194.06. The stock's fall snapped a five-day winning streak. W.W. Grainger Inc. closed $7.74 below its 52-week high ($612.06), which the company reached on November 10th.
The stock underperformed when compared to some of its competitors Wednesday, as Fastenal Co. (FAST) rose 0.04% to $52.41, Watsco Inc. Cl B (WSO) rose 7.24% to $284.97, and Snap-On Inc. (SNA) rose 0.64% to $241.17. Trading volume (144,346) remained 212,501 below its 50-day average volume of 356,847.
Data source: Dow Jones Market Data, FactSet. Data compiled November 23, 2022.
(END) Dow Jones Newswires
November 23, 2022 16:57 ET (21:57 GMT)
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