P&G Stock Rises Along with Profits
Procter & Gamble Co. stock jumped more than 3 percent in early morning trading Tuesday after the Cincinnati-based company reported that profits rose nearly 35 percent in the second quarter of the fiscal year.
Shares of the consumer goods company (NYSE: PG) were trading at $79.35 within 30 minutes of the market’s opening, up $2.50 from the previous close of $76.85. The stock closed at $78.81 on Jan. 26, up 2.6 percent. Shares have ranged in value from $65.02 to $89.95 over the last 52 weeks.
Organic sales, which don’t include the effects of divestitures, foreign exchange, acquisitions or the company's Venezuela deconsolidation, were up 2 percent.
Click here for the full article: P&G stock rises along with soaring profits, positive organic sales
Shares of the consumer goods company (NYSE: PG) were trading at $79.35 within 30 minutes of the market’s opening, up $2.50 from the previous close of $76.85. The stock closed at $78.81 on Jan. 26, up 2.6 percent. Shares have ranged in value from $65.02 to $89.95 over the last 52 weeks.
Organic sales, which don’t include the effects of divestitures, foreign exchange, acquisitions or the company's Venezuela deconsolidation, were up 2 percent.
Click here for the full article: P&G stock rises along with soaring profits, positive organic sales