Colgate-Palmolive hits lowest level since 1996 relative to S&P 500

Investing.com -- Colgate-Palmolive (NYSE:CL ) has seen a significant drop in its stock value, trading at its lowest level compared to the S&P 500 since 1996.

On Monday, the company's shares fell as much as 2.3%, marking its largest intraday decline since December 3, 2024.

The stock price of Colgate-Palmolive dropped to $88.10 on Monday, reaching its lowest point since April 24, 2024.

Despite this recent drop, the company's stock performance has shown a rise over the past year. As of the last closing, the stock has experienced a 13% increase over the last 12 months.

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Source: Investing.com