Market Movers: WD-40 Surges as Fermi and Brookdale Slip

WD-40 capitalized on rising global demand for its core product, driving both profit and sales higher in the third quarter and pushing the stock to $275.00. Conversely, Fermi faced immediate investor pushback, with shares sliding 16% to $6.14 following the announcement of its $350 million debt offering due in 2031.

EquipmentShare.com signaled confidence in its trajectory by authorizing a $500 million share repurchase program and raising its annual guidance, moves that sent the stock up 7.5% to $17.20. Meanwhile, Brookdale Senior Living saw shares drop 6.5% to $14.28 despite reporting a steady occupancy rate of 82.5% for June and 82.4% for the second quarter overall.