Winnebago Share Surge 22% On Grand Design Acquisition, Baird Upgrade
October 03, 2016 at 14:50 PM EDT
Motor home manufacturer Winnebago Industries ( WGO ) has swerved sharply into the fast lane. The shares have surged more than 22% after the maker of recreational vehicles announced a deal to acquire privately held Grand Design for $500 million and R.W. Baird rushed to upgrade stock.