Why Colgate-Palmolive Company (CL) Crashed on Monday
From Yahoo Finance: 2025-04-29 08:01:00
On Monday, Wall Street saw mixed results with the Dow Jones up by 0.28%, the S&P 500 up by 0.06%, and the Nasdaq down by 0.10%. Colgate-Palmolive Company (NYSE:CL) dropped 3.14% to $90.96 per share, citing lower outlook due to global trade war concerns. CEO Noel Wallace expressed confidence in the company’s strategy despite challenges. Net sales are expected to grow at a low single-digit rate. CL ranks 5th among the worst-performing stocks. While CL has potential, AI stocks may offer better returns in a shorter time frame. Check out our report on the cheapest AI stock for more promising options.
Read more at Yahoo Finance: Why Colgate-Palmolive Company (CL) Crashed on Monday