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Why Vail Resorts (MTN) Stock Is Down Today
Shares of luxury ski resort company Vail Resorts (NYSE:MTN) fell 2.8% in the afternoon session after Morgan Stanley lowered its price target on the stock and an analyst highlighted concerns about poor weather conditions.
Why Jack in the Box (JACK) Shares Are Trading Lower Today
Shares of fast-food chain Jack in the Box (NASDAQ:JACK) fell 3.3% in the afternoon session after it completed the sale of its Del Taco subsidiary for approximately $119 million, crystallizing a significant loss on the investment.
Why Applied Digital (APLD) Stock Is Trading Lower Today
Shares of digital infrastructure provider Applied Digital (NASDAQ:APLD) fell 6% in the afternoon session after the company announced a $100 million loan facility with Macquarie Group to fund new AI data center projects.