Why WD-40 Stock Dropped 6% After Earnings
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WD-40's stock dropped 6.3% despite beating earnings forecasts in its fiscal Q1 2025 report.
January 13, 2025 | 7:00 pm
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WD-40's stock fell 6.3% after the company released its fiscal Q1 2025 earnings report, which beat forecasts. The decline suggests that despite the positive earnings, investors may have had higher expectations or concerns about other aspects of the report.
The stock price drop of 6.3% indicates a negative market reaction despite the earnings beat. This suggests that investors might have been expecting even better results or there could be concerns about other financial metrics or future guidance not meeting expectations.
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