Shares of WD-40 rose more than 10% after the household chemical manufacturer posted better-than-expected third-quarter results. The company reported earnings per share of $1.30 on revenue of $114 million. Analysts estimated earnings per share of $1.26 on revenue of $109.4 million, according to FactSet.
The company cited increased sales in Asia, Europe, the Middle East and Africa for strong results.— Shares of Comcast rose more than 1% after Goldman Sachs upgraded the media company's stock to buy from hold and raised its price target to $54 from $44. The bank said the company is well positioned to "sustain double-digit growth" in earnings over the next five years.
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