Courtesy of Benzinga.
Kimberly Clark Corp (NYSE: KMB) shares are trading lower by $1.30 at $125.42 in Monday's session. The Street has punished the issue after a Q4 EPS miss of a penny with a slight miss for revenues.
After a lower open, it continued in that direction before it found support just under Wednesday's low ($121.71), reaching $121.50.
Since reaching that depressed level, it has staged a huge rebound and continued to make new highs for the session. If the rally continues, there is very little resistance until Friday's close of $126.72.
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