W.W. Grainger Inc. Stock Falls Wednesday, Underperforms Market
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Shares of W.W. Grainger Inc. (GWW) slid 0.34% to $554.03 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.75% to 3,852.97 and the Dow Jones Industrial Average rising 0.40% to 33,269.77. This was the stock's third consecutive day of losses. W.W. Grainger Inc. closed $58.03 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) fell 0.79% to $85.14, Home Depot Inc. (HD) rose 1.21% to $319.73, and Lowe's Cos. (LOW) rose 1.18% to $201.39. Trading volume (238,411) remained 63,588 below its 50-day average volume of 301,999.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 4, 2023.
(END) Dow Jones Newswires
January 04, 2023 16:59 ET (21:59 GMT)
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