Why Williams-Sonoma Stock Soared 17% in January
Shares of home goods retailer Williams-Sonoma (NYSE: WSM) jumped 17.4% in January, according to data provided by S&P Global Market Intelligence. Although it didn't report any significant news in the month, it's benefiting from renewed investor confidence in stocks that have been posting excellent performance. Williams-Sonoma posted consistent comparable-sales increases, and neither the pandemic nor inflation stopped that streak.