Site icon The Insiders Fund

AHEAD OF THE TAPE: Vail Resorts Faces a Risky Slope – WSJ.com

People that live and ski here scratch their heads and wonder how Vail will ever recoup the approximate $350 million paid for the Canyons without the real estate. That’s a lot of liability for piazza and lift tickets no matter how much they charge for a slice.

Appropriately enough, Vail Resorts Inc. MTN +0.57% s share-price chart resembles a mountain range.The ski-resort operators shares have been an exaggerated version of the S&P 500: They rose by 480% in the four-and-a-half years leading up to the 2007 market peak before shedding three-quarters of their value. They bottomed on the same day as the broad market in 2009, and have since climbed 400%.

via AHEAD OF THE TAPE: Vail Resorts Faces a Risky Slope – WSJ.com.

Exit mobile version