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Why Johnson Outdoors Inc. Stock Surged 26%

TheMotleyFool

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Why Johnson Outdoors Inc. Stock Surged 26%Photo, wide shot, wide-angle lens, Toy manufacturer, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by David Maisel: https://img.theapi.app/temp/2788fcd3-d339-4592-8f5c-a3b9125dc61f.png

Why Johnson Outdoors Inc. Stock Surged 26%

Shares of Johnson Outdoors Inc. (NASDAQ: JOUT) were climbing last month after the recreation specialist posted another strong earnings report. The stock gained 10% in the two days following its Aug. 4 third-quarter report and finished August up 26%, according to data from S&P Global Market Intelligence.

As the chart below shows, the stock gained steadily over the first half of the month on momentum from the earnings report.