Colgate-Palmolive Co. stock falls Friday, still outperforms market

Colgate-Palmolive Co. stock falls Friday, still outperforms market

Shares of Colgate-Palmolive Co. CL, -0.59% slumped 0.59% to $77.21 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX, -0.81% falling 0.81% to 3,426.96 and Dow Jones Industrial Average DJIA, -0.56% falling 0.56% to 28,133.31. This was the stock’s second consecutive day of losses. Colgate-Palmolive Co. closed $2.88 below its 52-week high ($80.09), which the company reached on September 3rd.

The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Procter & Gamble Co. PG, -0.21% fell 0.22% to $137.96, Unilever PLC ADR UL, -1.05% fell 1.05% to $59.16, and Reckitt Benckiser Group PLC RBGPF, -2.04% fell 2.05% to $94.95. Trading volume (3.6 M) eclipsed its 50-day average volume of 3.3 M.

Share:
error: Content is protected !!