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1. Consumer products company, Clorox, saw a significant 8.7% jump in its stock after reporting impressive second-quarter results that surpassed analysts’ EPS expectations. The company’s revenue and gross margin also exceeded estimates, leading to a positive reaction from investors. This strong performance could be a good sign for shareholders.

2. While Clorox’s shares are generally less volatile than the market average, today’s 8% increase indicates that the market views this news as meaningful. Despite the recent gain, the stock is still trading 11.1% below its 52-week high. Investors who bought Clorox shares 5 years ago would now have an investment worth slightly less than their original purchase.

3. Want to stay informed about stock movements? Add Clorox to your StockStory watchlist to receive timely explanations when the stock moves more than 5%. This service is free and only takes a second to set up.



Read more: Why Are Clorox (CLX) Shares Soaring Today