Shares of Colgate-Palmolive Co. CL inched 0.27% higher to $71.50 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX falling 0.15% to 3,855.76 and Dow Jones Industrial Average DJIA falling 0.28% to 31,819.14. The stock’s rise snapped a two-day losing streak. Colgate-Palmolive Co. closed $12.31 below its 52-week high ($83.81), which the company achieved on August 19th.
The stock underperformed when compared to some of its competitors Monday, as Procter & Gamble…
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