Published on 24 Jun 2022 on Market Watch
Procter & Gamble Co. stock rises Friday, still underperforms market
Shares of Procter & Gamble Co. rose 1.44% to $144.35 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 3.06% to 3,911.74 and the Dow Jones Industrial Average rising 2.68% to 31,500.68. This was the stock's fourth consecutive day of gains. Procter & Gamble Co. closed $21.00 below its 52-week high ($165.35), which the company achieved on January 21st.
The stock underperformed when compared to some of its competitors Friday, as Johnson & Johnson rose 1.46% to $182.29, L'Oreal S.A. ADR rose 4.79% to $71.60, and Estee Lauder Cos. Cl A rose 4.50% to $270.20. Trading volume (19.4 M) eclipsed its 50-day average volume of 8.0 M.