Rec. USA Stock Resumes Trading
Holiday RV Superstores Inc. stock resumed trading Monday (April 29) after its request to be transferred to the Nasdaq Small Cap Market was approved.
No shares of Holiday RV Superstores common stock changed hands for almost a month after it was delisted from the Nasdaq National Market for failing to report its first fiscal quarter earnings on time.
Since then, Holiday RV Superstores, a dealership chain which does business as Recreation USA, reported it lost $3.78 million during the first quarter of its fiscal year 2002, which ended Jan. 31. That compares with a loss of $4.95 million incurred during the same period a year earlier.
Recreation USA’s sales revenue declined 45% during the November-through-January period to $18.4 million.