Here's Why Shares of Pool Corp. Surged in July

Housing-related consumer discretionary stocks are being traded on interest rate sentiment this year. After a 15.5% decline in June, shares of wholesale swimming pool products distributor Pool Corp. (POOL -3.33%) rose by 21.7% in July, according to data from S&P Global Market Intelligence. Why such volatility in the shares of a swimming pool products company? After all, this isn't a speculative biotech or a one-solution IT company. The inherent volatility in Pool Corp.'s share price The answer lies in the pr ...