These S&P 500 Stocks are Missing the Rally
The S&P 500 (NYSE:SPY) is up today by 1.18% and stands at 1,253. Here are three notable and stocks that are experiencing declines today.
Kimberly-Clark (NYSE:KMB): The company’s Q3 report cut its fiscal 2011 sales projections. The makers of Kleenex and Huggies diapers face the twin threats of higher costs and sluggish demand in its developed markets. The stock is down 4.81%.
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Clorox (NYSE:CLX): Clorox gave back last week’s gains. It is important to note that this stock has seen steady growth over the past ten years. Although Carl Ichan believes that the company is worth more than its current price, he has withdrawn any effort to buy the company. Clorox is down 2.67%.
Colgate-Palmolive (NYSE:CL): Colgate may continue to experience flat sales in the developed world, but may enjoy a bright future if it continues to grow in emerging markets. Colgate is down 2.14%.
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