Procter & Gamble – Kimberly-Clark Corp. stock underperforms Wednesday when compared to competitors
Shares of Kimberly-Clark Corp.
slumped 0.80% to $136.94 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. This was the stock’s second consecutive day of losses. Kimberly-Clark Corp. closed $23.22 below its 52-week high ($160.16), which the company reached on August 12th.
The stock underperformed when compared to some of its competitors Wednesday, as Johnson & Johnson
rose 0.13% to $163.61, Procter & Gamble Co.
rose 0.18% to $136.74, and Estee Lauder Cos. Cl A
rose 0.04% to $295.13. Trading volume (1.5 M) remained 746,698 below its 50-day average volume of 2.2 M.