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P&G stock deserves to be down after a messy quarter — but not this much

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Pampers, a brand owned by Procter & Gamble, is seen for sale in a store in Manhattan, New York City, U.S., June 29, 2022. 

Andrew Kelly | Reuters

Procter & Gamble on Tuesday reported a messy fiscal fourth quarter, putting shares of the Tide detergent and Pampers maker on pace for their worst day in two years. The stock is understandably down, but this is not a thesis-changing report.

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