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Why Camping World Skyrocketed 139% in May

TheMotleyFool

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Why Camping World Skyrocketed 139% in May

Shares of Camping World Holdings (NYSE: CWH) were soaring last month as the company turned in a strong first-quarter earnings report, and interest in RVs surged amid concerns about social distancing and other pandemic-related issues. The trend lifted shares of Winnebago and Thor Industries as well, but Camping World, the country's largest seller of RVs and provider of RV services, was the big winner here.

According to data from S&P Global Market Intelligence, the stock jumped 139% in May. As you can see from the chart below, the stock gained steadily over the month after jumping on its earnings report.