Shares of Colgate-Palmolive Co. CL, -0.42% slid 0.42% to $75.86 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, +0.64% rising 0.64% to 3,349.16 and the Dow Jones Industrial Average DJIA, +0.68% rising 0.68% to 27,386.98. This was the stock’s second consecutive day of losses. Colgate-Palmolive Co. closed $1.60 below its 52-week high ($77.46), which the company reached on July 31st.
Despite its losses, the stock outperformed some of its competitors Thursday, as Procter & Gamble Co. PG, -0.54% fell 0.55% to $132.71, Unilever PLC ADR UL, -0.47% fell 0.48% to $60.42, and Reckitt Benckiser Group PLC RBGPF, -1.90% fell 1.90% to $100.01. Trading volume (3.2 M) remained 494,268 below its 50-day average volume of 3.6 M.