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Friday, October 10, 2008

Vail Resorts stock slides



VAIL, Colo. — Vail Resorts stock lost more than 10 percent of its value Thursday, closing down $2.90 to $24.07.

The losses came on a day when when the Dow Jones Industrial Average dropped 678.91 points to a five-year low of 8,579.19.

Vail Resorts, trading as MTN on the New York Stock Exchange, dropped $2.28 on Wednesday.

The stock was trading as high as $52 on Sept. 19.


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