The RV industry felt the force of the stock market correction on Monday, Feb. 5, as key entities dipped down several points.
Before the correction, Thor ($157.02), Camping World ($46.79), Patrick Industries ($71.35), and Lippert Components ($130.02) were riding high on at the close of the market on Jan. 24.
But come last Monday, those numbers fell between 15 and 20 percent with Lippert and Thor experiencing the greatest impact:
- Thor ($127.01)
- Camping World ($40.13)
- Patrick Industries ($58.50)
- Lippert Components ($104.70)
By the end of Friday, Feb. 9, Lippert, for one, was back up to $114.70. LCI’s recent earnings report showing a $469 million growth in fiscal 2017 probably contributed to its rebound.
Camping World’s increase was meager comparatively by end of Friday at $41.25, as was Patrick ($59.65) and Thor ($127.57).