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Latham Group (SWIM) shares plummeted 6.08% intraday, marking the lowest level since August 2024, with a cumulative decline of 25.60% over the past four days.
The primary driver behind the recent decline in Latham Group's stock price is the reported $29.2 million loss in its fourth quarter, as highlighted in the Q4 earnings snapshot. This substantial financial setback has likely contributed to the stock's downward trajectory over the past month. Investors are closely monitoring the company's financial health, and the upcoming first quarter 2025 earnings release and conference call are expected to further influence market sentiment and stock volatility.
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