I really couldn't say. The results for the year are good. Its competitor Knaus Tabbert is also down and is performing well.
If you look at the share movement chart of Thor and Trigano over many years, you will see that they are behaving very similarly. It is as if the market is looking at something else and not at the results of the individual companies. I can't tell you if it is because of commodities or because it looks at these companies as if they were vehicle manufacturers.
The same happens with another completely different segment such as yachts with Sanlorenzo and Italian Sea Group. The movements of the stocks have been very similar over the last few years.
You should take a look at Lazydays (GORV)
What led to the sharp sell-off beginning in April? Was it just the rise in steel prices?
I really couldn't say. The results for the year are good. Its competitor Knaus Tabbert is also down and is performing well.
If you look at the share movement chart of Thor and Trigano over many years, you will see that they are behaving very similarly. It is as if the market is looking at something else and not at the results of the individual companies. I can't tell you if it is because of commodities or because it looks at these companies as if they were vehicle manufacturers.
The same happens with another completely different segment such as yachts with Sanlorenzo and Italian Sea Group. The movements of the stocks have been very similar over the last few years.