Mr. Clean Revamp Tests Procter & Gamble’s Valuation And Recent Stock Weakness

Mr. Clean, part of Procter & Gamble’s NYSE:PG portfolio, has launched its most significant product upgrades in 20 years. The refresh includes advanced Magic Erasers and an all new Shower & Tub Scrubber aimed at tackling consumers’ toughest cleaning jobs. The launch highlights P&G’s focus on product development within the competitive household care category. For Procter & Gamble, trading at $153.63, this Mr. Clean overhaul sits alongside mixed recent share performance. The stock is up 8.4%...