The Dow Jones Industrial Average closed below 10,000, its lowest level in seven months, after a turbulent day Wednesday.
At one point during the session, the Dow was down 433 points. It ended the day down 115 points, or 1.1%.
The Nasdaq composite also declined 42 points, or 1.3%, on Wednesday.
IBM missed its earnings target, set by Wall Street analysts, which sent the market into a tailspin early in the day.
In the RV sector, Coachmen warned investors that its third quarter earnings will end up below analysts’ estimates, and its stock declined 7/16, or 5%, to set a new 52-week low of 8 3/16.
Meanwhile, Thor, which attempted to takeover Coachmen earlier this year, and has never called off the takeover effort, saw its stock gain 5/16 to close at 22.
Durra, parent of RV industry supplier firms Atwood Mobile Products and Excel, reported its third quarter earnings that were down 9% from a year ago, but its stock climbed 7/16, or 7%, to close at 7 1/8.
Starcraft, which announced on Tuesday that it lost more than $5 million during its fourth fiscal quarter, saw its stock price decline another 5/16, or 13%, on Wednesday to close at 2 3/16.
Here is a roundup of the other RV stock activity Wednesday:
Fleetwood declined 3/16 to close at 11 3/8
Winnebago gained 1/16 to close at 11 13/16
Monaco declined 5/8 to close at 13 15/16
National RV gained 1/8 to close at 9 9/16
Skyline gained 1/4 to close at 20 3/8
SMC declined 3/8 to close at 2 5/8
Holiday RV Superstores was unchanged at 4
Rexhall gained 3/16 to close at 4 7/16
Kit was unchanged at 4 7/8
Coast Distribution was unchanged at 1 1/4
Featherlite declined 1/2 to close at 2 1/2
Spartan Motors was unchanged at 2 1/4