WD-40 Down Ahead of Holiday Weekend
WD-40 Company shares traded lower Thursday morning, pulling back after gains the previous day. Consumer-staples stocks slipped and investors eyed renewed oil-related inflation concerns moving through markets. The stock traded at $205.30, down from $208.01 at the prior close, putting its market cap around $2.77 billion. The price/earnings ratio hovered near 35, a level that makes it tougher for investors to overlook cost pressure.