Stock Market Keeps Falling

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December 20, 2000 by   Comments Off on Stock Market Keeps Falling

The stock market continued falling Wednesday, dragging down most RV co How Do I Get My Ex Girlfriend Back That I Love mpany shares.

The Nasdaq composite had another terrible day, plunging 179 points, or 7.1%, to close at its lowest level in 20 months.

Stock market analysts, in recent days, have lowered their earnings forecasts for many major technology firms which dragged down the Nasdaq and, to a lesser extent, the Dow Jones Industrial Average. The Dow declined 265 points, or 2.5%, on Wednesday.

Among RV stocks, Monaco, Featherlite, Spartan Motors and Starcraft were the hardest hit Wednesday.

Monaco fell 1 5/8, or 9%, to close at 15 7/8.

Featherlite declined 7/32, or 13.5%, to close at 1 13/32.

Spartan Motors lost 9/16, or 20.5%, to close at 2 3/16.

Starcraft fell 5/8, or 23%, to close at 2 1/8.

One of the few RV stocks to report a gain Wednesday was Coachmen, which climbed 7/16, or 5%, to close at 8 3/4.

Here is a roundup of the other RV company stock activity Wednesday:

Fleetwood gained 1/16 to close at 9

Winnebago declined 1/16 to close at 15 9/16

Thor was unchanged at 19 7/16

National RV declined 3/16 to close at 8 15/16

Skyline was unchanged at 20 11/16

SMC gained 1/8 to close at 3 1/2

Holiday RV Superstores declined 1/16 to close at 4 1/4

Rexhall declined 1/16 to close at 5 13/16

Kit declined 1/4 to close at 3 1/4

Coast Distribution was unchanged at 7/8

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