Kimberly-Clark's Stock Dip: Transformation Costs Concern Investors

Kimberly-Clark stock dipped after executives revealed that selling off parts of the business will cost them $150 million, cutting earnings per share by 30-40 cents. Investors reacted to the short-term profit hit despite ambitious long-term goals. While the stock rarely makes big moves, this drop signals investor concern, even after recent strong sales volume growth. The stock is down 2% this year, but Wall Street is watching to see if the transformation pays off. Hosted on Acast. See acast.com/privacy for more information.