WD-40 Down Ahead of Holiday Weekend
WD-40 shares fell $2.71 to $205.30 late Thursday morning as consumer staples led S&P 500 sector losses and oil prices rose. The stock gave back part of Wednesday’s gain, trading about 1.3% below the prior close. WD-40 last reported higher quarterly sales and reaffirmed full-year guidance, but investors remain focused on cost and oil risks. Market value stood near $2.77 billion.