Question

Explain how Covid-19 has done the following: increased stock price and/or financial viability of Clorox Company. (essay question)

Answer 1

Before understanding what Covid-19 done to any company we need to understand what covid-19 is and what is the business model or product of company.  

COVID-19 is virus which is causing death to the people and it requires the basic hygiene to maintain to keep this virus at bay

Clorox company is mainly into disinfecting the surface which is very important to restrict the growth of COVID 19 thus COVID 19 has positive impact on the business of Clorox which can be seen by the stock price of the company which increases almost 30% in past 4 months. This increase in share price due to the demand in Clorox product in the market due to COVID-19. It will be the same till there will be any vaccine in the market to counter COVID-19 but in that case as well there is more precautions need to be taken care by the society to deal with COVID-19 and Clorox will be the one of the beneficiary of this.