Procter & Gamble – Ecolab Inc. stock underperforms Wednesday when compared to competitors
Shares of Ecolab Inc.
slid 1.52% to $208.32 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index
falling 1.31% to 3,819.72 and Dow Jones Industrial Average
falling 0.39% to 31,270.09. The stock’s fall snapped a two-day winning streak. Ecolab Inc. closed $23.04 short of its 52-week high ($231.36), which the company achieved on June 5th.
The stock underperformed when compared to some of its competitors Wednesday, as Procter & Gamble Co.
fell 0.60% to $123.16, PPG Industries Inc.
fell 0.82% to $139.62, and Clorox Co.
rose 0.55% to $180.00. Trading volume (1.1 M) eclipsed its 50-day average volume of 900,055.