Diamonds and Dogs

4/30/21

AstraZeneca (AZN) beat estimates without much help from their Covid-19 vaccine. AstraZeneca is up 4% to a three-month high following strong earnings as sales rose 15% to $7.32 billion thanks in part to their cancer drugs and their cardiovascular and rhythm management treatments.

No more need for cleaning supplies. Clorox (CLX) is down 4% following disappointing earnings and guidance. Clorox noted that health-and-wellness sales decreased 8% in the quarter, mainly due to lower shipments of cleaning and disinfecting products in both the retail and professional channels. Clorox is down 25% since peaking last August.

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