Procter & Gamble Co
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Consumer Staples : Household Products | Large Cap Blend
Company profile

The Procter & Gamble Company is focused on providing branded consumer packaged goods to the consumers across the world. The Company operates through five segments: Beauty; Grooming; Health Care; Fabric & Home Care, and Baby, Feminine & Family Care. The Company sells its products in approximately 180 countries and territories primarily through mass merchandisers, grocery stores, membership club stores, drug stores, department stores, distributors, baby stores, specialty beauty stores, e-commerce, high-frequency stores and pharmacies. It offers products under the brands, such as Olay, Old Spice, Safeguard, Head & Shoulders, Pantene, Rejoice, Mach3, Prestobarba, Venus, Cascade, Dawn, Febreze, Mr. Clean, Bounty and Charmin.

Price
Delayed
$132.53
Day's Change
-1.46 (-1.09%)
Bid
--
Ask
--
B/A Size
--
Day's High
133.35
Day's Low
132.09
Volume
(Heavy Day)

Today's volume of 5,252,520 shares is on pace to be much greater than PG's 10-day average volume of 7,423,969 shares.

5,252,520

Sundial shares slump premarket after Canadian cannabis company unveils latest dilutive capital raise

7:29 am ET February 2, 2021 (MarketWatch)
Print

Sundial Growers Inc. shares slid 16% premarket after the Canadian cannabis company announced its latest dilutive capital raise and said it has fully used up a shelf registration. Calgary-based Sundial, a now penny stock of a company that once had a valuation of $1 billion, (http://www.marketwatch.com/story/how-a-cannabis-unicorn-lost-80-of-its-value-in-six-months-2020-02-03)said it priced a best efforts underwritten registered offering of 60.5 million Series A units, comprised of one common share plus one-half Series A Warrant -- each whole warrant entitles the holder to buy one common share -- plus 14 million Series B units, consisting of one pre-funded Series B Warrant (together with the Series A Warrants, the "Warrants") to purchase one common share and one-half Series A Warrant, with each whole Series A Warrant entitling the holder to purchase one common share. The Series A unit will be priced at $1 per unit, while each Series B unit will be priced at $1 per unit, minus $0.0001, and the remaining exercise price of each Series B Warrant will equal US$0.0001 per common share. The exercise price of the Series A warrants will be $1.10 per share. Sundial shares closed Monday at $1.21. Sundial is expected gross proceeds from the offering of $74.5 million. Canaccord Genuity is sole bookrunner on the deal. Sundial's U.S.-listed shares have gained 633% in the last three months amid a broad rally in the cannabis sector on hopes the administration of President Joe Biden will bring reforms to the sector. The stock is up just 0.8% in the last 12 months, while the Cannabis ETF (THCX) has gained 41% and the S&P 500 has gained 17%.

-Ciara Linnane; 415-439-6400; AskNewswires@dowjones.com

	

(END) Dow Jones Newswires

February 02, 2021 07:29 ET (12:29 GMT)

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