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Updated · MarketWatch · May 7Pool Corp stock rises 1.25% and outperforms peers
9 articles · Updated · MarketWatch · May 7
- Shares closed at $190.44 on Thursday, their second straight gain, as the S&P 500 fell 0.38% and the Dow dropped 0.63%.
- Pool Corp beat Amazon, which fell 1.39%, while Walmart edged up 0.09% and Nike gained 1.21% in a broadly weak market session.
- Trading volume reached 1.6 million, above the 50-day average of 771,731, though the stock remains 44.8% below its 52-week high of $345.
Is Pool Corp.'s stock gain a true rebound or just a dead cat bounce? Why did Pool Corp.'s CEO suddenly depart after a strong earnings report? Can a new CEO reverse Pool Corp.'s deep slump amid high debt and market uncertainty?