Many RV company stocks declined Wednesday, including industry leader Fleetwood, which reported a $31 million loss before the market opened.
Fleetwood, which reported the loss for the three months ended July 30, saw its stock decline 3/8 to close at 13 9/16.
Meanwhile, Holiday RV Superstores saw its stock head in the oppose direction one day after announcing it had doubled its inventory borrowing capacity. Holiday RV gained 3/16 to close at 4 7/16.
On the broader market, the Dow Jones Industrial Average tumbled 112 points, or 1.0%, as investors sold blue chip shares, which had enjoyed a price run-up during August.
However, the Nasdaq composite gained 22 points, or 0.5%, on Wednesday.
Here is a round up of RV company stock activity on Wednesday:
Winnebago declined 1/8 to close at 12 13/16
Thor declined 1/8 to close at 23 1/4
Coachmen gained 1/8 to close at 10 15/16
Monaco gained 5/16 to close at 17 11/16
National RV was unchanged at 9 7/16
Skyline declined 5/16 to close at 22 1/8
Rexhall was unchanged at 5 1/8
Kit was unchanged at 6 1/2
Coast Distribution was unchanged at 1 5/8
Featherlite was unchanged at 3
Spartan Motors declined 1/32 to close at 2 23/32
Starcraft was unchanged at 5 15/16