The Nasdaq composite closed higher for the third consecutive day while the Dow Jones Industrial Average closed lower on Wednesday.
The Nasdaq gained 47 points, or 2.5%, putting it 16% above the 29-month low it hit last week. Optimism about the demand for semiconductors, software and telecommunications equipment fueled the rally.
Meanwhile, the Dow lost 89 points, or 0.9%, on Wednesday.
RV company stocks were mixed and several were unchanged. Here is a roundup of Wednesday’s activity:
Fleetwood gained 23 cents to close at $8.95
Winnebago gained 6 cents to close at $17.01
Thor declined 16 cents to close at $20.94
Coachmen gained 10 cents to close at $9.00
Monaco declined 45 cents to close at $17.16
National RV gained 1 cent to close at $8.98
Skyline gained 13 cents to close at $22.18
SMC was unchanged at $3.30
Holiday RV Superstores declined 17 cents to close at $2.88
Rexhall was unchanged at $4.90
Kit was unchanged at $3.10
Coast Distribution was unchanged at 62 cents
Featherlite was unchanged at $1.77
Spartan Motors gained 26 cents to close at $2.40
Starcraft gained 35 cents to close at $1.60