2 Reasons Colgate-Palmolive Stock Surged Today
Shares of Colgate-Palmolive (NYSE: CL) gained 5% on March 4, riding a resurgent stock market that's up huge today. The S&P 500 and Dow Jones Industrial Average were up more than 4% on the day.
Two things are happening that have investors favoring Colgate-Palmolive. First, the stock market is surging as investors become more optimistic that global efforts to contain the COVID-19 coronavirus epidemic will pay off with reduced economic losses.
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Source Fool.com
