Why WD-40 Stock Popped on Thursday

WD-40 is a famous name, but its stock price is just way too high to buy. Shares of the WD-40 Company (WDFC 3.04%) jumped 3.9% through 1:10 p.m. ET on Thursday after the famed manufacturer of household lubricants reported strong sales and earnings for its fiscal 2024 third-quarter last night. Heading into earning, analysts had expected WD-40 to report per-share profits of only $1.38 on $145.8 million in sales. In fact, it earned $1.46 per share on sales of $155 million, a beat on both the top and bottom line ...