Why Camping World Stock Jumped Today
Shares of Camping World Holdings (NYSE: CWH) rose more than 11% on Tuesday after the CEO of the recreational-vehicle lifestyle company continued his string of insider stock purchases, acquiring another 17,525 shares at an average price of $29.04.
As investing legend Peter Lynch has noted, insiders can sell their stock for any reason, but they typically buy it for only one reason: They think the price is going up.
Source Fool.com