Why Camping World Holdings Stock Jumped 18% on Wednesday
Camping World Holdings (NYSE: CWH) shares had jumped by 18% as of 11:55 a.m. ET Wednesday, compared to a 1.2% rise in the broad market S&P 500 index. That surge erased some of the decline that its shareholders have endured since the start of the year, but the RV giant's stock remains down by more than 20% so far in 2022.
The rally was powered by a positive earnings report that was well received on Wall Street.
Camping World sold 39,000 new and used RVs in the second quarter. That helped push its revenue up 5% to $2.2 billion, a record for the business.
Source Fool.com
