Has the stock market and RV company shares started on an upward trend?
If that’s the case, then the trend may have started Thursday, when the Nasdaq composite gained 62 points, or 2.5%, and the Dow Jones Industrial Average climbed 96 points, or 0.9%.
Among RV company stocks, the big winners Thursday were Spartan Motors and Coachmen.
Diesel pusher chassis supplier Spartan Motors reported Thursday that it returned to profitability during the fourth quarter of last year. Its stock gained 3/8, or 14%, to close at 3 1/16.
Meanwhile, Coachmen, which announced after the market closed Wednesday that it completed the acquisition of a modular homebuilder with operations in Colorado and Kansas, gained 70 cents, or 6.8%, on Thursday, to close at $11.05.
Here is a roundup of the other RV company stock activity on Thursday:
Fleetwood gained 35 cents to close at $14.13
Winnebago gained 81 cents to close at $18.15
Thor gained 28 cents to close at $25.85
Monaco gained 66 cents to close at $20.40
National RV gained 4 cents to close at $10.98
Skyline gained 19 cents to close at $23.15
SMC gained 1/16 to close at 3 3/8
Holiday RV Superstores declined 1/32 to close at 4
Rexhall was unchanged at 6 1/4
Kit was unchanged at $3.75
Coast Distribution declined 7 cents to close at 70 cents
Featherlite declined 1/32 to close at 2 21/32
Starcraft was unchanged at 2 1/8