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Stuff going on at FTSE 100 giants Unilever and Glaxo!

By Chris Bailey | Tuesday 31 May 2022

Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

I honestly do learn something about the markets every day. I am not a Unilever (ULVR) shareholder but Domestos, Lipton, Hellmann’s and Magnum are far from disastrous brands. The attempt to buy the GlaxoSmithKline (GSK) consumer business a few months ago failed miserably though and has helped dump the Unilever share price about 18% over the last year at the close yesterday. But why is the stock up 6% today?

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