Fastenal Co. Stock Underperforms Wednesday When Compared To Competitors
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Fastenal Co. (FAST) shares fell 1.81% to $40.13 on Wednesday, marking the fourth consecutive day of losses. The stock is now 20.74% below its 52-week high of $50.63. In comparison, competitors like Amazon, Home Depot, and Lowe's also experienced declines, but Fastenal underperformed relative to them. The overall market was down, with the S&P 500 and Dow Jones Industrial Average falling 0.74% and 0.63%, respectively. Trading volume was 5.1 million, below the 50-day average of 6.7 million.
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