Why Pool Corporation Stock Rose 27.1% in May

Why Pool Corporation Stock Rose 27.1% in May

Shares of Pool Corporation (NASDAQ: POOL) rose 27.1% in May, according to according to data from S&P Global Market Intelligence. The pool supplies company had been on a nice run since its late April earnings report, which beat analyst expectations. The stock then continued to rise in May on optimism over a reopening economy, then capped off the month on a strong note when management gave a positive business update.