Swimming pool manufacturer and marketer Latham Group ( NASDAQ: SWIM ) saw its stock rally 17% Friday, the day after it released its Q2 earnings report.
Shares of Latham opened at $6.35, hitting a low of $6.29 in early trading before climbing to $7.51 in late afternoon. The stock recently changed hands at $7.45 at approximately 3:00 p.m. ET.
Latham stock has been trending higher since Aug. 1, save for a 12% drop on Aug. 9. The company released its Q2 earnings report on Aug. 11.
The company held its initial public offering on Jan. 7, raising $234M.
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Swimming pool maker Latham stock rallies 17% in wake of Q2 earnings