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slow down

The Biz

Granted, these companies are mostly of the power-oriented, we think it represents an across the board slow down…

Shares of water-sports companies took a dive Monday, as multiple Wall Street analysts cut targets and earnings estimates, citing recent dealer data that confirmed worries about weak demand.

MarineMax Inc.’s stock HZO, -15.21%  was hit the hardest, tumbling 11.8% in morning trading toward a 2-year low. Next was Mastercraft Boat Holdings Inc.’s stock MCFT, -10.27%  , which shed 9%, also toward 2-year lows.

Elsewhere, shares of Malibu Boats Inc. MBUU, -8.31%  dropped 8.3% toward a 7-month low and Brunswick Corp. BC, -5.45%  slid 4.1% to a 6-week low. Read on.