Grainger is a distributor with operations in North America, Japan, and the UK. It offers a variety of services, including technical support and inventory management. Its stock goes up when it announces good news, such as the slate of nominees for the Board of Directors.
GWW is ranked No. 1 among diversified wholesalers on Fortune magazine's 2023 list of the World's Most Admired Companies™. This is good news for the stock.