Skyline Skyrockets Amid Spinning off its RV Division; Dow, Nasdaq and S&P all Rise

stock_report_Sept_26Following news that Skyline Corp is offloading its RV division to Evergreen, as MHProNews reported, Skyline’s stock shot up 22.81 percent, +0.65, to end the week at $3.50, while the Dow Jones Industrial Average regained part of yesterday’s 264 point nosedive, moving up +167.35 points, +0.99 percent, to close at 17,113.15. The Nasdaq gained +45.44 points, +1.02 percent, to end the week at 4,512.19, while the S&P 500 advanced 16.86 points, +0.86 percent, to finish at 1,982.85. The Manufactured Housing Composite moved up +1.59 percent to 583.5, and stocks we track closed mixed or even, as CNNMoney reports to MHProNews. Third Avenue Value Fund (TAVFX) (Sept.25) slipped the most of tracked stocks, losing -1.13 percent, -0.69 points, closing at $60.34. Affiliated Managers Group $201.99 +1.61 (+0.80%). Berkshire Hathaway (BRKA) –parent company to Clayton Homes, 21st, Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers – $208,133.00 +2,133.00 (+1.04%). Cavco Industries Inc. $67.92 +1.60 (+2.42%). Deer Valley Corp. $0.95 0.00 (0.00%). Drew Industries, Inc. 43.27 -0.28 (-0.64%). Equity LifeStyle Properties (ELS) $42.58 +0.71 (+1.69%). Killam Properties (KMP.TO) $10.30 -0.09 (-0.87%). Liberty Homes $1.00 0.00 (0.00%). Louisiana Pacific Corp. (LPX) $14.29 -0.14 (-0.97%). Nobility Homes (NOBH) $10.70 0.00 (0.00%). Patrick Industries 41.17 +0.34 (+0.86%). Sun Communities, Inc. (SUI) $51.50 +0.89 (+1.76%). Third Avenue Value Fund (TAVFX) (Sept. 25) $60.34 -0.69 (-1.13%). UMH Properties, Inc. (UMH) $9.45 +0.07 (+0.75%). Universal Forest Products, Inc (UFPI) 43.91 +0.37 (+0.85%). ##

(Graphic credit: CNNMoney and RealTick)

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