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Why Clorox Stock Sank Today


(NYSE: CLX) stock lost ground in Tuesday's trading following the company's recent quarterly report. The company's share price closed out the day down 2.4% and had been down as much as 6.3% earlier in the session.

After market close yesterday, Clorox released results for the third quarter of its current fiscal year, which concluded at the end of March. The company reported sales and earnings that fell short of Wall Street's expectations and guided for significant performance headwinds in the near term.

Image source: Getty Images.

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Source Fool.com

Clorox Co. Stock

€91.32
0.420%
Clorox Co. gained 0.420% compared to yesterday.
The sentiment is rather negative at the moment with 15 Sell predictions and 2 Buy predictions.
At the moment Clorox Co. has reached the predicted target price of 91 €, with a current price of 91.32 €.
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