Procter & Gamble Co Shares Lower Following Management Change

Shares of Procter & Gamble Co PG are experiencing volatility Thursday following management change talks at the company.

On Wednesday beginning at approximately 3:30 p.m. EDT, shares began to selloff amid the appointment of former Procter executive Adil Mehboob-Khan as co-CEO of Luxottica Group.

Shares of Procter & Gamble continued to selloff on Thursday, last at $83.26, down 1.1 percent.

Other stocks in the sector are experiencing mixed results:

Johnson & Johnson JNJ up 1.3 percent.
Colgate-Palmolive Company CL down 0.5 percent.
Church & Dwight Co CHD down 0.16 percent