P&G's Biggest Day Since the Pandemic Crash — SkimNews
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- P&G recorded its biggest stock-market day since the pandemic crash after being described as “Wall Street’s safest stock.”
- P&G warned of a bigger cost hit from oil prices, even as sales offset rising fuel costs.
Why it matters: For P&G shareholders, the standout fact is the scale of the move—the biggest session since the pandemic crash. Operationally, the earnings coverage also pairs a concrete pressure with an offset: sales absorbed rising fuel costs, while P&G warned of a bigger cost hit from oil prices.
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