Snap Stock- W.W. Grainger Inc. stock underperforms Monday when compared to competitors
Shares of W.W. Grainger Inc.
shed 1.04% to $459.81 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index
falling 0.08% to 4,226.52 and Dow Jones Industrial Average
falling 0.36% to 34,630.24. The stock’s fall snapped a two-day winning streak. W.W. Grainger Inc. closed $20.06 below its 52-week high ($479.87), which the company reached on May 10th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Fastenal Co.
fell 0.55% to $52.78, Watsco Inc. Cl B
fell 2.23% to $292.01, and Snap-On Inc.
fell 1.28% to $251.09. Trading volume (254,577) eclipsed its 50-day average volume of 249,783.