RV company stocks reflected the broader stock market when they closed mixed on Tuesday.
The Dow Jones Industrial average gained 85 points, or 0.8%, while the Nasdaq composite fell 81 points, or 2.2%, on Tuesday.
The Nasdaq declined for the fourth time in the last five trading sessions as investors unloaded technology issues on continued uncertainty over the direction of interest rates and corporate profits.
Two RV-related companies saw high stock trading volume Tuesday.
Fleetwood, the largest RV-builder, declined 3/16 to close at 12 3/4. An unusually high 366,000 Fleetwood shares changed hands Tuesday.
Fleetwood did not issue any news reports Tuesday, but, during recent days, it revealed several top RV Group executives were asked to resign due to poor performance at its motorhome division.
Meanwhile, Budget Group, which last week revealed to had reached a tentative agreement to sell the Cruise America RV rental company back to its previous owners, saw 303,000 of its shares change hands Tuesday. Budget gained 3/16 to close at 4 11/16.
Here is a round up of other RV company stock activity Tuesday:
Winnebago gained 1/16 to close at 13
Thor gained 1/4 to close at 23 13/16
Coachmen gained 1/4 to close at 10 5/8
Monaco gained 3/8 to close at 15 5/16
National RV declined 7/16 to close at 8 9/16
Skyline gained 1/8 to close at 20 5/16
SMC declined 1/8 to close at 3 5/16
Holiday RV Superstores declined 3/16 to close at 4 1/16
Rexhall gained 1/16 to close at 4 15/16
Kit was unchanged at 6 5/8
Coast Distribution was unchanged at 1 11/16
Featherlite declined 1/2 to close at 3
Spartan Motors was unchanged at 3 11/16
Starcraft declined 1/4 to close at 7 3/4