P&G stock slips after Potemkin mini-tender warning — what investors watch before earnings
Procter & Gamble shares fell 0.6% to $143.76 Friday, extending losses for a second day. The company urged investors to reject a $100-per-share mini-tender offer from Potemkin Limited, calling it well below market value. P&G reports quarterly earnings January 22. UBS cut its price target to $161, citing sector headwinds.