Why Clorox Stock Sank Today
Clorox (NYSE: CLX) stock lost ground in Tuesday's trading following the company's recent quarterly report. The company's share price closed out the day down 2.4% and had been down as much as 6.3% earlier in the session.After market close yesterday, Clorox released results for the third quarter of its current fiscal year, which concluded at the end of March. The company reported sales and earnings that fell short of Wall Street's expectations and guided for significant performance headwinds in the near term.Image source: Getty Images.Continue reading
Clorox (NYSE: CLX) stock lost ground in Tuesday's trading following the company's recent quarterly report. The company's share price closed out the day down 2.4% and had been down as much as 6.3% earlier in the session.
After market close yesterday, Clorox released results for the third quarter of its current fiscal year, which concluded at the end of March. The company reported sales and earnings that fell short of Wall Street's expectations and guided for significant performance headwinds in the near term.
Image source: Getty Images.
