Snap Stock- W.W. Grainger Inc. stock outperforms competitors despite losses on the day
Shares of W.W. Grainger Inc.
shed 2.37% to $398.74 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
rising 0.15% to 4,079.95 and the Dow Jones Industrial Average
rising 0.05% to 33,446.26. The stock’s fall snapped a four-day winning streak. W.W. Grainger Inc. closed $29.16 short of its 52-week high ($427.90), which the company reached on December 1st.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Fastenal Co.
fell 2.61% to $49.93, Watsco Inc. Cl B
rose 0.05% to $255.50, and Snap-On Inc.
rose 0.63% to $235.20. Trading volume (269,933) remained 58,027 below its 50-day average volume of 327,960.