Procter & Gamble – Ecolab Inc. stock underperforms Thursday when compared to competitors
Shares of Ecolab Inc.
slid 1.96% to $211.96 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index
falling 2.45% to 3,829.34 and Dow Jones Industrial Average
falling 1.75% to 31,402.01. The stock’s fall snapped a two-day winning streak. Ecolab Inc. closed $19.40 below its 52-week high ($231.36), which the company reached on June 5th.
The stock underperformed when compared to some of its competitors Thursday, as Procter & Gamble Co.
fell 0.85% to $126.58, PPG Industries Inc.
fell 1.40% to $134.97, and Clorox Co.
fell 1.12% to $181.24. Trading volume (960,240) eclipsed its 50-day average volume of 890,396.