Kimberly-Clark stock drops to a 52-week low after California wildfires

2026-04-08 00:58:04

Investing.com – Kimberly-Clark’s share price fell as much as 5% on Tuesday, dropping below the 52-week low of $92.5, after the company earlier confirmed that it had become aware of a fire at its California distribution center.

According to reports on social media, a paper products warehouse of the company, located in Ontario, California, covering 1.2 million square feet, caught fire starting Tuesday early morning.

The social media account also reported that a company employee was arrested on suspicion of arson.

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