Diamonds and Dogs

11/2/20

Clorox (CLX) shining brightly. The maker of disinfectants, Glad bags and Kingsford and Match Light is up 4% following strong earnings as sales rose 27%, the best quarterly sales growth in more than two decades. Clorox has been running factories around the clock using more third-party suppliers and even shipping products through air to keep up with consumer demand, but still falling short. Clorox warned, grocery shelves will not be fully stocked with its disinfecting wipes until next year.

Norwegian Cruise Line (NCLH) is down 4% after extending their suspension of voyages through December. The company will continue to work in tandem with global government and public health authorities and its Healthy Sail Panel expert advisors to take all necessary measures to protect its guests, crew, and the communities visited. The stock has slumped 73% year to date, thanks to the pandemic.