Nasdaq Climbs, Most RV Stocks Decline

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May 30, 2000 by   Comments Off on Nasdaq Climbs, Most RV Stocks Decline

The downward trend in RV company stock prices continued Tuesday despite a sharp increase in the Nasdaq composite index.

The Nasdaq soared 254 points, or 7.9%, Tuesday as bargain hunters gobbled-up technology stocks. The Dow Jones Industrial average also climbed 228 points, or 2.2%, Tuesday mainly because of investors buying financial services company stocks.

Meanwhile, among RV-related firms, Spartan Motors declined 1/4 on Tuesday despite declaring a 7 cents a share special dividend. Spartan Motors closed at 4 3/16 on Tuesday.

Here is a round up of RV company stock moves on Tuesday:

Fleetwood gained 1/16 to close at 14 3/16

Winnebago declined 7/16 to close at 14 1/8

Thor declined 3/16 to close at 23 3/16

Coachmen declined 3/16 to close at 12 1/2

Monaco gained 1/8 to close at 14 9/16

National RV declined 1/8 to close at 11 3/8

Skyline declined 1/4 to close at 20

SMC declined 1/8 to close at 3 7/8

Holiday RV Superstores was unchanged at 4 1/4

Rexhall gained 3/16 to close at 5 13/16

Kit was unchanged at 6 1/2

Coast Distribution was unchanged at 2

Featherlite declined 3/8 to closed at 3 1/8

Starcraft was unchanged at 7 3/4

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