Shares of Procter & Gamble Co.
slid 0.60% to $123.16 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. This was the stock’s second consecutive day of losses. Procter & Gamble Co. closed $23.76 below its 52-week high ($146.92), which the company achieved on November 9th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Johnson & Johnson
fell 1.76% to $156.22, L’Oreal S.A. ADR
fell 1.16% to $74.15, and Estee Lauder Cos. Cl A
remained unchanged. Trading volume (7.5 M) remained 71,952 below its 50-day average volume of 7.6 M.