W.W. Grainger Inc. Stock Falls Thursday, Underperforms Market
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Shares of W.W. Grainger Inc. (GWW) slipped 2.52% to $561.53 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 2.49% to 3,895.75 and Dow Jones Industrial Average falling 2.25% to 33,202.22. This was the stock's third consecutive day of losses. W.W. Grainger Inc. closed $50.53 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 Thursday, as Amazon.com Inc. (AMZN) fell 3.42% to $88.45, Home Depot Inc. (HD) fell 1.75% to $327.60, and Lowe's Cos. (LOW) fell 1.93% to $208.02. Trading volume (396,607) eclipsed its 50-day average volume of 304,519.
Data source: Dow Jones Market Data, FactSet. Data compiled December 15, 2022.
(END) Dow Jones Newswires
December 15, 2022 16:59 ET (21:59 GMT)
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