Why Camping World Stock Jumped Today

Shares of Camping World Holdings (NYSE: CWH) were moving higher today after the company topped expectations and showed resilience against the coronavirus pandemic. The stock was up 24.6% as of 2:07 p.m. EDT on Friday.

Image source: Camping World.

The RV seller actually reported a 3.5% decline in first-quarter revenue to $1.03 billion. The drop was due to the impact of COVID-19 and the company's strategic shift as it sold or closed more than 60 locations that did not sell or service RVs. That result was still better than expectations at $998 million.

Source Fool.com