Clorox Shares Drop on Financial Impacts of August Cyberattack

Clorox shares fell over 5% to lowest since June 2022 after detailing financial impact from August cyberattack

Attack disrupted production at US factories, causing product shortages and hurting sales and profit

Company expects continued but moderating impacts in current quarter

Analyst downgrades and price target cuts on uncertainty around near-term financials

Cyberattack linked to same group behind recent casino hacking, Clorox to report last quarter earnings in November