Shares of Procter & Gamble Co. (NYS:PG) inched 0.95% higher to $164.14 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index (S&P:SPX) falling 2.44% to 4,477.44 and Dow Jones Industrial Average (DOW:DJIA) falling 1.45% to 35,111.16. This was the stock's second consecutive day of gains. Procter & Gamble Co. closed $1.21 below its 52-week high ($165.35), which the company achieved on January 21st.
The stock outperformed some of its competitors Thursday, as Johnson & Johnson (NYS:JNJ) fell 0.01% to $172.76, L'Oreal S.A. ADR (OTC:LRLCY) fell 1.21% to $85.01, and Estee Lauder Cos. Cl A (NYS:EL) fell 5.03% to $303.12. Trading volume (10.5 M) eclipsed its 50-day average volume of 8.9 M.