Shares of Procter & Gamble Co. /zigman2/quotes/202894679/composite PG -0.23% slipped 0.23% to $159.60 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX -0.42% rising 1.45% to 4,587.18 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -0.18% rising 0.86% to 35,768.06. This was the stock's fourth consecutive day of losses. Procter & Gamble Co. closed $5.75 below its 52-week high ($165.35), which the company reached on January 21st.
The stock underperformed when compared to some of its competitors Wednesday, as Johnson & Johnson /zigman2/quotes/201724570/composite JNJ -0.01% fell 0.01% to $171.49, L'Oreal S.A. ADR /zigman2/quotes/203477983/delayed LRLCY -0.18% rose 2.19% to $86.37, and Estee Lauder Cos. Cl A /zigman2/quotes/200740220/composite EL -1.68% rose 1.57% to $320.04. Trading volume (6.2 M) remained 2.8 million below its 50-day average volume of 9.0 M.