Procter & Gamble – Estee Lauder Cos. Cl A stock remains steady Wednesday, still outperforms market
Shares of Estee Lauder Cos. Cl A
were unchanged Wednesday, on what proved to be an all-around dismal 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. Estee Lauder Cos. Cl A closed $8.77 below its 52-week high ($298.31), which the company reached on February 24th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Procter & Gamble Co.
fell 0.60% to $123.16, Unilever PLC ADR
rose 0.34% to $53.44, and Beiersdorf AG ADR
fell 0.94% to $20.05. Trading volume (1.9 M) eclipsed its 50-day average volume of 1.3 M.