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NASDAQ:WDFC 9 January 2026

WD-40 stock slides 6% after Q1 profit falls; guidance held and Asia rebound in focus

WD-40 stock slides 6% after Q1 profit falls; guidance held and Asia rebound in focus

WD-40 shares dropped 5.6% to $192.13 after reporting a first-quarter profit decline and higher expenses, with the stock hitting a session low near $175. Net sales rose 1% to $154.4 million, but diluted EPS fell to $1.28 from $1.39. Management reaffirmed full-year guidance and blamed weak distributor markets for the profit slip. Investors await more detail at the Jan. 13 ICR Conference.
9 January 2026
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Stock Market Today

  • XRP Rises 2% as Ripple Unveils XRPL AI Starter Kit Amid Institutional ETF Inflows
    June 13, 2026, 5:13 PM EDT. XRP surged to $1.14, gaining about 2% in 24 hours, driven by capital rotation into altcoins and Ripple's launch of the XRPL AI Starter Kit, a toolkit facilitating developer integration of XRP and RLUSD stablecoin on the XRP Ledger. Institutional interest remains strong with U.S. spot XRP ETFs logging five consecutive weeks of inflows totaling around $2 million on June 12, despite subdued retail sentiment. The XRP price faces critical support at $1.13, with potential resistance at $1.26. Regulatory clarity linked to the pending CLARITY Act, targeted for July 4, is a key near-term factor. Ripple CEO Brad Garlinghouse's public confrontation over the Act underscores ongoing regulatory focus. The combination of steady institutional buying, sector-wide altcoin rotation, and regulatory progress underpins XRP's modest upward momentum.

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