Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why WD-40 Stock Fell 9% This Week


WD-40 (NASDAQ: WDFC) shareholders lost ground to a rising market this week, with the stock dropping 9% through late trading on Thursday afternoon. The consumer products specialist announced earnings that weren't well received by Wall Street.

WD-40, which produces home and automotive cleaning products, announced that sales fell 3% in the quarter that ended in late August after accounting for currency exchange shifts. Earnings declined 57% compared a year earlier.

Image source: Getty Images.

Continue reading


Source Fool.com

Like: 0
Share

Comments