Dow Soars, Bigger RV Company Shares Gain
The Dow Jones Industrial Average shot up 179 points, or 1.7%, on Tuesday as investors poured funds into blue chips in anticipation of an interest rate cut by the Federal Reserve on Wednesday.
Meanwhile, the Nasdaq composite, which posted a sharp gain on Monday, was flat on Tuesday, increasing only 1 point.
Among RV company stocks, five and the six largest manufacturers experienced stock price gains Tuesday. The only exception was Monaco, which has seen its stock price climb steadily since late last year. But on Tuesday, Monaco shares declined 39 cents to close at $20.69.
Here is a roundup of the other RV company stock activity on Tuesday:
Fleetwood gained 30 cents to close at $14.26
Winnebago gained 6 cents to close at $18.01
Thor gained 12 cents to close at $23.60
Coachmen gained 22 cents to close at $11.38
National RV gained 62 cents to close at $13.62
Skyline gained 38 cents to close at $22.27
SMC gained 1/16 to close at 3 7/8
Holiday RV Superstores was unchanged at 4
Rexhall declined 3/32 to close at 6 1/4
Kit was unchanged at $3.59
Coast Distribution was unchanged at 96 cents
Featherlite was unchanged at 2 1/2
Spartan Motors declined 1/32 to close at 2 5/8
Starcraft gained 5/16 to close at 2 1/16