Colgate-Palmolive Co. stock rises Tuesday, outperforms market

Colgate-Palmolive Co. stock rises Tuesday, outperforms market

Shares of Colgate-Palmolive Co. CL, +1.12% rose 1.12% to $77.45 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX, -1.26% falling 1.26% to 4,525.12 and Dow Jones Industrial Average DJIA, -0.80% falling 0.80% to 34,641.18. This was the stock’s third consecutive day of gains. Colgate-Palmolive Co. closed $8.16 short of its 52-week high ($85.61), which the company achieved on January 6th.

The stock outperformed some of its competitors Tuesday, as Procter & Gamble Co. PG, +0.35% rose 0.35% to $154.62, Unilever PLC ADR UL, -0.84% fell 0.84% to $46.16, and Reckitt Benckiser Group PLC RBGPF, -2.39% fell 2.39% to $78.15. Trading volume (4.2 M) remained 1.1 million below its 50-day average volume of 5.3 M.

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