Published on 29 Sep 2022 on Market Watch
Procter & Gamble Co. stock underperforms Thursday when compared to competitors
Shares of Procter & Gamble Co. slipped 2.49% to $128.70 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 2.11% to 3,640.47 and Dow Jones Industrial Average falling 1.54% to 29,225.61. Procter & Gamble Co. closed $36.65 short of its 52-week high ($165.35), which the company achieved on January 21st.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Johnson & Johnson fell 1.10% to $164.53, L'Oreal S.A. ADR fell 0.39% to $63.17, and Estee Lauder Cos. Cl A fell 3.85% to $219.35. Trading volume (7.1 M) eclipsed its 50-day average volume of 6.7 M.