Why Shares of Camping World Holdings Fell Today
Shares of Camping World Holdings (NYSE: CWH) continued to plunge on Thursday, falling another 20% for the day. In theory, the camping and recreational vehicle retailer should be well positioned to benefit if consumers avoid planes and hotels due to the COVID-19 coronavirus outbreak. But in a "risk-off" environment, it seems few want to hold on to a company that has been a poor performer since going public.
Camping World shares have struggled since the company's 2016 IPO, and those woes have accelerated in recent weeks. The stock hit a new all-time low midday on Thursday and has now lost more than half of its value so far in March.
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Source Fool.com
