Shares of Procter & Gamble Co. PG, -0.10% shed 2.27% to $134.98 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX, +0.08% rising 0.12% to 4,200.88 and the Dow Jones Industrial Average DJIA, +0.19% rising 0.41% to 34,464.64. This was the stock’s second consecutive day of losses. Procter & Gamble Co. closed $11.94 below its 52-week high ($146.92), which the company reached on November 9th.
The stock underperformed when compared to some of its competitors Thursday, as Johnson & Johnson JNJ, +0.26% fell 0.15% to $168.81, L’Oreal S.A. ADR LRLCY, +1.60% fell 0.09% to $89.17, and Estee Lauder Cos. Cl A EL, +0.98% fell 0.58% to $303.55. Trading volume (32.8 M) eclipsed its 50-day average volume of 8.4 M.