Procter & Gamble – Kimberly-Clark Corp. stock outperforms market despite losses on the day
Shares of Kimberly-Clark Corp.
slipped 0.19% to $130.56 Thursday, on what proved to be an all-around poor 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. This was the stock’s second consecutive day of losses. Kimberly-Clark Corp. closed $29.60 below its 52-week high ($160.16), which the company achieved on August 12th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Johnson & Johnson
rose 0.10% to $162.76, Procter & Gamble Co.
fell 0.85% to $126.58, and Estee Lauder Cos. Cl A
fell 1.43% to $289.62. Trading volume (1.6 M) remained 351,680 below its 50-day average volume of 2.0 M.