Why Shares of Clorox Soared 42.9% in the First Half of 2020

Why Shares of Clorox Soared 42.9% in the First Half of 2020

Clorox has, for many decades, been supplying a wide range of cleaning and household products for use in homes and offices. Nearly 80% of Clorox's global portfolio is No. 1 or No. 2 in market share and includes popular brands such as Clorox, Glad, and Pine-Sol. Clorox was already doing well before the pandemic hit, but its business got an even stronger boost as a result of COVID-19.