When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
GWW - W.W. Grainger Stock: Plenty Of Reasons To Stay Cautious
W.W. Grainger Inc.
2024-06-20 16:00:00 ET
Summary
Shares of W.W. Grainger have been under pressure in recent months.
The market appears concerned about cooling growth against a pricey valuation.
Our expectation is for shares to remain volatile.
Shares of W.W. Grainger, Inc. ( GWW ) are in correction territory, down about 11% from its record high in March. While the stock is a big winner over the past year, the bullish momentum appears to have cooled following a mixed first-quarter earnings report....