W.W. Grainger Inc. Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains
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Shares of W.W. Grainger Inc. (GWW) rallied 1.45% to $598.05 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.05% to 4,119.21 and the Dow Jones Industrial Average rising 0.02% to 34,092.96. This was the stock's fifth consecutive day of gains. W.W. Grainger Inc. closed $14.01 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 Wednesday, as Amazon.com Inc. (AMZN) rose 1.96% to $105.15, Home Depot Inc. (HD) rose 1.21% to $328.09, and Lowe's Cos. (LOW) rose 2.55% to $213.56. Trading volume (502,337) eclipsed its 50-day average volume of 275,405.
Data source: Dow Jones Market Data, FactSet. Data compiled February 1, 2023.
(END) Dow Jones Newswires
February 01, 2023 16:58 ET (21:58 GMT)
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