Published on 2 Aug 2022 on Market Watch
Procter & Gamble Co. stock outperforms market on strong trading day
Shares of Procter & Gamble Co. rallied 2.87% to $142.90 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.28% to 4,118.63 and Dow Jones Industrial Average falling 0.14% to 32,798.40. Procter & Gamble Co. closed $22.45 short of its 52-week high ($165.35), which the company reached on January 21st.
The stock outperformed some of its competitors Monday, as Johnson & Johnson fell 0.35% to $173.91, L'Oreal S.A. ADR rose 0.22% to $75.87, and Estee Lauder Cos. Cl A rose 0.15% to $273.51. Trading volume (12.6 M) eclipsed its 50-day average volume of 7.5 M.