Here's Why Procter & Gamble Stock Jumped Today

Shares of consumer goods giant Procter & Gamble (PG 4.88%) jumped on Tuesday after the company reported financial results for its fiscal second quarter of 2024. As of 9:45 a.m. ET, P&G stock was up 5%, which is a big move for a company of this size.P&G delivers a mostly encouraging quarterP&G's Q2 ended in December and sales were close to what Wall Street expected. The company generated net sales of $21.4 billion which was up 3% year over year. However, this growth was entirely driven by higher prices. By c ...