W.W. Grainger Inc. Stock Rises Thursday, Outperforms Market
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Shares of W.W. Grainger Inc. (GWW) surged 12.96% to $675.57 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 1.47% to 4,179.76 and the Dow Jones Industrial Average falling 0.11% to 34,053.94. This was the stock's sixth consecutive day of gains. W.W. Grainger Inc. hit a new 52-week high, surpassing its previous peak of $612.06, which the company reached on November 10th.
The stock outperformed some of its competitors Thursday, as Amazon.com Inc. (AMZN) rose 7.38% to $112.91, Home Depot Inc. (HD) rose 3.57% to $339.79, and Lowe's Cos. (LOW) rose 3.75% to $221.56. Trading volume (988,785) eclipsed its 50-day average volume of 279,637.
Data source: Dow Jones Market Data, FactSet. Data compiled February 2, 2023.
(END) Dow Jones Newswires
February 02, 2023 16:59 ET (21:59 GMT)
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