Shares of Pool Corporation (POOL) are falling after the company revised its 2024 earnings guidance, citing slower-than-expected demand during the summer swimming season. Yahoo Finance Hosts Julie Hyman and Josh Lipton report more on the story and other companies being affected by the weak demand, including Pentair (PNR). For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Melanie Riehl
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Pool Corp (POOL) anticipates second-quarter performance to be hampered by weak demand for new pool construction, lower remodel activity and the macroeconomic environment.