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Why Grainger's Shares Slumped in January

TheMotleyFool

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Why Grainger's Shares Slumped in January

Shares in industrial maintenance, repair, and operating supply company W.W.Grainger (NYSE: GWW) fell 10.8% in January according to data provided by S&P Global Market Intelligence.

The move comes in the context of a difficult month for industrial supply companies, including Fastenal (NASDAQ: FAST) and MSC Industrial Direct (NYSE: MSM).