Colgate-Palmolive hits lowest degree since 1996 relative to S&P 500

Investing.com — Colgate-Palmolive (NYSE:CL) has seen a big drop in its inventory worth, buying and selling at its lowest degree in comparison with the S&P 500 since 1996.

On Monday, the corporate’s shares fell as a lot as 2.3%, marking its largest intraday decline since December 3, 2024.

The inventory worth of Colgate-Palmolive dropped to $88.10 on Monday, reaching its lowest level since April 24, 2024.

Regardless of this current drop, the corporate’s inventory efficiency has proven an increase over the previous 12 months. As of the final closing, the inventory has skilled a 13% enhance over the past 12 months.

This text was generated with the assist of AI and reviewed by an editor. For extra data see our T&C.