If history is any guide, there may be trouble ahead for shares of Vail Resorts (NYSE:MTN). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.
According to Benzinga Pro data, during Q1, Vail Resorts (NYSE:MTN) posted sales of $175.58 million. Earnings were up 1.67%, but Vail Resorts still reported an overall loss of $142.52 million.
Vail Resorts (NYSE:MTN) reported its Q1 earnings results on Thursday, December 9, 2021 at 04:00 PM.
Here's what investors need to know about the announcement.