In addition to poor financial results, high leverage and frustrated customers, MTN seems to be challenged with public labor struggles recently.
Ski patrollers at Park City held a public rally this weekend to gain support for their contract negotiations.
Patrollers walk-out/”work exclusion” caused a 3-day closure at Hunter Mountain earlier in Jan. (Vail’s communication on this issue has been vague)
$100M lawsuit alleging violations of labor laws for not paying employees for all hours worked.
Labor risks could be significant if they result in a major resort closure. At minimum I would expect that trends like this put upward pressure on labor costs.Yahoo Finance board on MTN stock