Procter & Gamble – Ecolab Inc. stock underperforms Wednesday when compared to competitors
Shares of Ecolab Inc.
slipped 2.79% to $214.66 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
rising 0.15% to 4,079.95 and the Dow Jones Industrial Average
rising 0.05% to 33,446.26. The stock’s fall snapped a three-day winning streak. Ecolab Inc. closed $16.70 short of its 52-week high ($231.36), which the company reached on June 5th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Procter & Gamble Co.
rose 0.18% to $136.74, PPG Industries Inc.
fell 3.65% to $147.97, and Clorox Co.
fell 0.02% to $194.00. Trading volume (696,551) remained 317,943 below its 50-day average volume of 1.0 M.