W.W. Grainger Inc. Stock Falls Thursday, Underperforms Market
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Shares of W.W. Grainger Inc. (GWW) shed 1.67% to $572.54 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.34% to 3,983.17 and the Dow Jones Industrial Average rising 0.64% to 34,189.97. The stock's fall snapped a four-day winning streak. W.W. Grainger Inc. closed $39.52 short of its 52-week high ($612.06), which the company achieved on November 10th.
The stock underperformed when compared to some of its competitors Thursday, as Amazon.com Inc. (AMZN) rose 0.19% to $95.27, Home Depot Inc. (HD) rose 0.26% to $329.87, and Lowe's Cos. (LOW) rose 0.80% to $210.26. Trading volume (230,549) remained 63,055 below its 50-day average volume of 293,604.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 12, 2023.
(END) Dow Jones Newswires
January 12, 2023 16:58 ET (21:58 GMT)
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