BusinessBusiness & EconomyBusiness Line

P&G’s preliminary decline had nothing to entire with earnings. The market later agreed

On this photo illustration, Pantene and Head & Shoulders hair merchandise are displayed on July 28, 2023 in San Anselmo, California.

Justin Sullivan | Getty Photography

Procter & Gamble shares were down sharply early in Friday’s session after the client merchandise broad reported a blended quarter. We viewed the motion as a minute of earnings-taking — and no longer a mirrored image of the implications. The stock entered the session on a four-day worthwhile bolt whereas the broader market declined. Dreary Friday, because the Dow went into the golf green, so did P&G stock.

Content Protection by

Back to top button