W.W. Grainger Inc. Stock Outperforms Competitors On Strong Trading Day

Alector Inc

Change company Symbol lookup

Select an option...

ALEC Alector Inc

BABA Alibaba Group Holding Ltd

JEQ abrdn Japan Equity Fund, Inc.

BAC Bank of America Corp

RVLWF Revitalist Lifestyle and Wellness Ltd

$NQUS45101010LMEURN Nasdaq US Brewers Large Mid Cap Net

$R25IG Russell 2500 Growth Index

TTC Toro Co

MPVDF Mountain Province Diamonds Inc

XFAPX abrdn Asia-Pacific Income Fund Inc

Health Care : Biotechnology | Small Cap Value

Company profile

Alector, Inc. is a clinical-stage biopharmaceutical company. The Company is focused on immuno-neurology, a therapeutic approach for the treatment of neurodegeneration. The Company is engaged in developing therapies designed to counteract these pathologies by restoring healthy immune function to the brain. Its research and drug discovery platform leverages human genetic datasets, advanced tools in bioinformatics and imaging, and insights in neurodegeneration and immunology to identify immune system. The Company has advanced four product candidates, AL001, AL002, AL003, and AL101, into clinical development. Its first product candidate, AL001, is a humanized recombinant monoclonal antibody that increases the levels of progranulin (PGRN) in the brains of frontotemporal dementia carrying a progranulin (FTD-GRN) patients. Its AL002 targets triggering receptor expressed on myeloid cells 2 (TREM2) to increase the functionality of TREM2 signaling and enhance microglia cell activation.

W.W. Grainger Inc. Stock Outperforms Competitors On Strong Trading Day

5:04 pm ET December 7, 2022 (MarketWatch) Print

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

Shares of W.W. Grainger Inc. (GWW) rallied 1.05% to $586.41 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the Dow Jones Industrial Average remaining mostly unchanged at 33,597.92 and the S&P 500 Index falling 0.19% to 3,933.92. The stock's rise snapped a three-day losing streak. W.W. Grainger Inc. closed $25.65 short of 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 Wednesday, as Amazon.com Inc. (AMZN) rose 0.24% to $88.46, Home Depot Inc. (HD) rose 0.85% to $320.15, and Lowe's Cos. (LOW) rose 2.47% to $206.89. Trading volume (275,328) remained 36,256 below its 50-day average volume of 311,584.

Data source: Dow Jones Market Data, FactSet. Data compiled December 7, 2022.

(END) Dow Jones Newswires

December 07, 2022 17:04 ET (22:04 GMT)