Why Camping World Holdings Surged 84.1% in 2020
Shares of Camping World Holdings (NYSE: CWH) soared 84.1% in 2020 as the coronavirus pandemic caused people to get back to nature and away from the crowds.
The "escape to the wilderness" mindset pushed new and used RV sales 16% higher through the first nine months of the year, leading Camping World to post a $304 million profit for the year, a turnaround from a net loss of $39 million in 2019.
Source Fool.com