Shares of Procter & Gamble Co.
slid 0.35% to $139.20 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
rising 0.82% to 4,358.69 and the Dow Jones Industrial Average
rising 0.83% to 34,798.00. This was the stock’s third consecutive day of losses. Procter & Gamble Co. closed $7.72 short of its 52-week high ($146.92), which the company reached on November 9th.
The stock underperformed when compared to some of its competitors Wednesday, as Johnson & Johnson
rose 0.62% to $169.49, L’Oreal S.A. ADR
rose 0.53% to $89.74, and Estee Lauder Cos. Cl A
fell 0.11% to $323.08. Trading volume (6.9 M) remained 1.6 million below its 50-day average volume of 8.5 M.