Shares of Fastenal Co. FAST, -0.88% slipped 0.88% to $47.30 Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX, -1.03% falling 1.03% to 3,655.04 and Dow Jones Industrial Average DJIA, -1.11% falling 1.11% to 29,260.81. The stock’s fall snapped a two-day winning streak. Fastenal Co. closed $17.45 below its 52-week high ($64.75), which the company reached on December 30th.
Despite its losses, the stock outperformed some of its competitors Monday, as W.W. Grainger Inc. GWW, -1.11% fell 1.11% to $489.34. Trading volume (4.6 M) eclipsed its 50-day average volume of 3.1 M.