Most RV company stocks gained as the broader market surged ahead Monday on the assumption the Federal Reserve will lower interest rates Tuesday.
The Dow Jones Industrial Average climbed 136 points, or 1.4%, and the Nasdaq composite gained 60 points, or 3.2%, on Monday.
One firm having a difficult day on Monday was conversion vehicle producer and auto industry supplier Starcraft Corp., which declined 7/16, or 23%, to close at 1 7/16.
Starcraft revealed on Monday that it faces delisting by the Nasdaq SmallCap Market. If Starcraft’s appeal of the Nasdaq staff’s recommendation is denied, then Starcraft shares could still trade on the OTC Bulletin Board.
Otherwise, here is a roundup of the other RV company activity on Monday:
Fleetwood gained 86 cents to close at $9.87
Winnebago gained 55 cents to close at $17.00
Thor gained 22 cents at $24.00
Coachmen gained 23 cents to close at $9.70
Monaco gained 25 cents to close at $17.40
National RV was unchanged at $9.65
Skyline declined 4 cents to close at $23.42
SMC was unchanged at 3 1/2
Holiday RV Superstores declined 1/8 to close at 3 7/8
Rexhall gained 1/2 to close at 5 1/4
Kit was unchanged at $2.95
Coast Distribution was unchanged at 74 cents
Featherlite was unchanged at 1 7/8
Spartan Motors was unchanged at 3 1/4