Shares in recreational vehicle (RV) maker Camping World Holdings (NYSE: CWH) closed Wednesday down roughly 10%. The drop seems to be on no company-specific news, though competitor Winnebago Industries (NYSE: WGO) reported its fiscal fourth-quarter results today.
Winnebago posted strong quarterly results. It said revenue jumped 39%, earnings per share rose 45%, and cash flow from operations more than doubled compared to the year-ago period. But shares of Winnebago were also down more than 10% today.
The COVID-19 pandemic has led to renewed interest in camping and vacationing with RVs, as people seek more isolation and