Pool Corporation Shares Drop 18.97% Weekly, Rebound 1.28% Friday
Pool Corporation shares fell 18.97% over the past trading week, marking the second-largest S&P 500 decline as investors weighed economic headwinds and tariff uncertainties. The stock rebounded 1.28% on Friday, following fresh U.S. tariff actions and data showing fourth-quarter GDP growth at a 1.4% annualized rate.
1. Weekly Performance
Pool Corporation shares slumped 18.97% over the past week, ranking as the second-largest decliner in the S&P 500 as investors reacted to slowed economic growth and legal uncertainty around U.S. tariff authority.
2. Friday Rebound
The stock recovered 1.28% on Friday, outpacing peers in a broader market rally that coincided with the administration unveiling new global tariff measures and a release showing fourth-quarter GDP grew at a 1.4% annualized pace.