Published on 19 Jan 2022 on Market Watch
Procter & Gamble Co. stock outperforms competitors on strong trading day
Shares of Procter & Gamble Co. rose 3.36% to $162.00 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.97% to 4,532.76 and Dow Jones Industrial Average falling 0.96% to 35,028.65. Procter & Gamble Co. closed $3.32 short of its 52-week high ($165.32), which the company reached on January 5th.
The stock outperformed some of its competitors Wednesday, as Johnson & Johnson fell 0.31% to $166.58, L'Oreal S.A. ADR fell 0.09% to $85.31, and Estee Lauder Cos. Cl A fell 0.46% to $309.52. Trading volume (14.0 M) eclipsed its 50-day average volume of 7.8 M.