Procter & Gamble Stock Surges on Quarterly Outperformance

Cincinnati-based Procter & Gamble Co (NYSE:PG) is one of the first blue chips to kick off earnings season, beating profit expectations but missing on revenue for its fiscal second quarter. Annual outlook also took a hit, as the company did a write-down of its Gillette unit back in December. At last glance, PG is up 5.3% to trade at $155.67.On the charts Procter & Gamble stock has struggled to maintain stability, with yesterday's pullback captured by its 360-day moving average. The shares are clinging to a m ...