Kimberly-Clark shares hit 52-week lows after California fire
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Price: $100.50 -2.01%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 5.4%
Revenue Growth %: +2.2%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 5.4%
Revenue Growth %: +2.2%
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Investing.com -- Kimberly-Clark shares fell as much as 5% on Tuesday, reaching 52-week lows below $92.5, after the company confirmed it was aware of a fire at its California distribution center.
The company's 1.2 million square foot paper products warehouse in Ontario, California, caught fire early Tuesday morning, according to social media reports.
Social media accounts also reported that one of the company's employees was arrested on suspicion of arson.
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