Traders Heavily Dumped These 10 Firms on Monday

5. Colgate-Palmolive Company (NYSE:CL)

Colgate-Palmolive declined by 3.14 percent on Monday to finish at $90.96 each as investor sentiment was dampened by a lower revision of its full-year outlook, taking into account the potential impact of the ongoing global trade war.

According to Colgate-Palmolive Company (NYSE:CL), it now expects earnings per share to grow by a low single-digit percentage from its previous forecast of a low- to mid-single digit increase.

“As we look ahead, uncertainty and volatility in global markets, including the impact of tariffs, remain challenging,” Colgate-Palmolive Company (NYSE:CL) CEO Noel Wallace said.

“We are confident in our strategy and will continue to execute with focus and agility to mitigate these factors and achieve our revised 2025 financial targets,” he added.

Meanwhile, net sales were pegged at a low single-digit growth versus “roughly flat” previously, as the company anticipates a lower negative impact from foreign exchange rates.