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Why Hayward Holdings Shares Popped 24.3% Wednesday

TheMotleyFool

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Why Hayward Holdings Shares Popped 24.3% Wednesday

Shares of pool equipment maker Hayward Holdings (NYSE: HAYW) jumped as much as 30.4% in trading Wednesday after reporting first-quarter 2021 financial results. Shares closed the day up 24.3%.

Quarterly revenue jumped a whopping 96% to $334.4 million, and a net loss of $10.4 million a year ago swung to a net profit of $36.9 million, or $0.64 per share.

Image source: Getty Images.

Source Fool.com

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