Clorox Shares Gain 5% As Broader Market Drops—What’s Ahead
Clorox surged 5.03% to $94.14 Friday, defying a 2.64% S&P 500 drop, as investors sought safety despite CEO-transition risk, weak organic sales guidance, and looming U.S. inflation data; the stock remains 28.7% below its 52-week high after a week marked by management uncertainty and a challenging consumer environment.