crushed earnings expectations and raised its full-year outlook Thursday evening, which was enough to send shares higher in Friday trading on a brutal day for the broader market.
Vail stock (ticker: MTN) rose 1.1% to $248.26 in Friday trading while the
index was fell 2.3%. The
Dow Jones Industrial Average
had fallen more than 670 points, or 2.1%, following a higher-than-expected inflation reading.
The company, which owns and operates dozens of mountain resorts globally, reported earnings of $9.16 a share while