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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

€105.00
3.920%
A very strong showing by Clorox Co. today, with an increase of €4.00 (3.920%) compared to yesterday's price.
Our community is currently low on Clorox Co. with 3 Buy predictions and 12 Sell predictions.
However, we have a potential of 7.62% for Clorox Co. as the target price of 113 € is above the current price of 105.0 €.
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