Why Pool Corp's Share Price Surged 22% in April

Lee Samaha, The Motley Fool
·2-min read
Why Pool Corp's Share Price Surged 22% in April

Shares of swimming pool products distributor Pool Corp (NASDAQ: POOL) rose by 22.4% in April, according to data provided by S&P Global Market Intelligence. Pool Corp describes itself as the "world's largest wholesale distributor of swimming pool and related backyard products," but in reality, it's primarily a North American operation. Stay-at-home measures and social distancing have encouraged a boom in discretionary spending on the home and garden, and Pool Corp has been a significant beneficiary.