W.W. Grainger Inc. Stock Outperforms Competitors Despite Losses On The Day

22nd Century Group Inc

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Consumer Staples : Tobacco | Small Cap Growth

Company profile

22nd Century Group, Inc. is an agricultural biotechnology and intellectual property company. The Company is focused on tobacco harm reduction, reduced nicotine tobacco and improving health and wellness through plant science. In tobacco, hemp/cannabis, and hop plants, it uses various plant breeding technologies, including genetic engineering, gene-editing, and molecular breeding to deliver solutions for the life science and consumer products industries by creating new plants with optimized alkaloid and flavonoid profiles, as well as improved yields and valuable agronomic traits. It has developed very low nicotine content (VLNC) tobacco and cigarettes, which contain 95% less nicotine than conventional tobacco and cigarettes. Its reduced nicotine cigarettes include VLN King and VLN Menthol King. In hemp, the Company is developing hemp varieties with increased levels of certain cannabinoids and other desirable agronomic traits. The Company has an interest in RX Pharmatech Ltd (RXP).

W.W. Grainger Inc. Stock Outperforms Competitors Despite Losses On The Day

5:04 pm ET December 6, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of W.W. Grainger Inc. (GWW) shed 1.04% to $580.34 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.44% to 3,941.26 and Dow Jones Industrial Average falling 1.03% to 33,596.34. This was the stock's third consecutive day of losses. W.W. Grainger Inc. closed $31.72 below its 52-week high ($612.06), which the company reached on November 10th.

The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Amazon.com Inc. (AMZN) fell 3.03% to $88.25, Home Depot Inc. (HD) fell 0.82% to $317.45, and Lowe's Cos. (LOW) fell 2.07% to $201.91. Trading volume (306,358) remained 7,068 below its 50-day average volume of 313,426.

Data source: Dow Jones Market Data, FactSet. Data compiled December 6, 2022.

(END) Dow Jones Newswires

December 06, 2022 17:04 ET (22:04 GMT)