Clorox Company (#CLX) Stock Price, Live Chart & Analysis | Trade #CLX

Interesting facts about the #CLX (Clorox Company)

Clorox Co. went public on the San Francisco Stock Exchange in 1928. It issued 200,000 shares of common stock. Today, the company’s stock is traded on the New York Stock Exchange under the #CLX ticker. The company is included in numerous stock market indices. S&P 500, DJ US, and DJ Mid-Cap are the most outstanding ones.

Institutional investors own over 75% of the company’s shares. The percentage is higher than almost any other firm in the household and personal care industry. It means that traders should be careful and check the news on significant stock purchases and sales. A sell-off will lead to a plunge in the stock price. The company creates positive value in taxes, physical diseases, and jobs categories. Such products as disinfectants, bleach, degreasing detergents, germicidal bleach, and multipurpose cleaning agents contribute to the positive impact on the physical diseases category. At the same time, the company negatively affects GHG emissions, scarce human capital, and waste categories. Glass cleaning detergents, plastic zipper bags, multipurpose cleaning agents, germicidal bleach, grilling charcoal, and laundry detergents products seem to be the main contributors to the GHG emissions category.

Like any company with a long history, Clorox Co. has gone through several lawsuits. In 2019, the company filed a lawsuit against Reckitt Benckiser due to a false and deceptive advertising campaign for RB's Lysol brand. However, a year later, the company was sued over the alleged poor quality of the "Splashless" bleach label. A lawsuit may take years and lead to significant losses due to fines and sanctions.

As there are alternatives to Clorox Co. products, traders should be aware of their performance to evaluate how strong the company is. Clorox Co.’s main competitors are Church & Dwight, Newell Brands, Henkel, Henkel North America, Colgate-Palmolive, and Beiersdorf.