Oil-Dri Corporation of America: 17.4% Price Gain Thanks to Cat Litter and Aviation Fuels! Oil-Dri Takes Off!
Reading Time: 4 minutes
A massive sell-off shook the "Technology" sector. This caused a drop to 4th place, losing the momentum of recent times. Looking at lagging sectors like "Basic Materials," we also find stock rockets such as Oil-Dri Corp. of America. With nearly 29% price gain, it leads the "Specialty Chemicals" sector. What are the reasons behind this strong increase? Oil-Dri Corporation of America produces cat litter and aviation fuels Sales increase of 9% to $126.3 million and profit jump of 25% in Q3 23rd consecutive year of dividend increases...
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