$MTN

Vail Resorts Inc. plans to renovate Park City Mountain's Mountain Village base for the 2034 Olympics. The project involves public planning and potential developments on surface parking lots. A similar plan failed in 2023 due to zoning delays and community opposition. The company aims to engage stakeholders and update its Mountain Upgrade Plan, which requires city approval.

Hedge fund Oasis Management, with $14B in AUM, is engaged in a proxy fight with Vail Resorts (MTN), nominating directors to push for changes. Oasis targets underperforming assets and aims to address Vail's declining Epic Pass sales, customer dissatisfaction, and operational issues. Vail's stock has fallen 55% from its 2021 peak to $150. Oasis seeks to influence capital allocation and improve management decisions.

Oasis Management updated its board nominees for Vail Resorts, removing Picabo Street and Bryce Roberts. Oasis proposed Robert Chapek and M. Ashton Hudson, denying ties with Matthew Prince. Vail Resorts defended its strategy, while Oasis criticized management. Shareholders will vote on Dec. 14. Gregory Meyer also self-nominated for the board, targeting a $300 stock price.

Oasis Management, holding 9.6% of Vail Resorts' shares, nominated Robert Chapek and M. Ashton Hudson for the board. The vote is scheduled for December 14, 2026. This follows prior engagement and a preliminary proxy filing by Oasis.

Vail Resorts (MTN) received support from its largest shareholder, Baron Capital, in a proxy battle with activist investor Oasis Management. Baron Capital, which owns 18% of Vail, will vote for the company's board slate and CEO Rob Katz, opposing Oasis's four nominees. Oasis, holding 9% of the equity, argues the stock undervalues the company's assets and seeks new oversight. Vail's board criticized Oasis's nominees, citing lack of operational expertise.

Vail Resorts (MTN) filed a proxy statement with the SEC, alleging that Matthew Prince, Cloudflare's CEO, helped activist investor Oasis Management identify two of its four board nominees. Vail asked shareholders to vote against Oasis's nominees and for its nine incumbent directors at the upcoming annual meeting. Oasis owns 9.6% of Vail's shares, up from 6.2% in September.

Vail Resorts faces two shareholder lawsuits alleging antitrust violations and harm to shareholders due to alleged price-fixing. Separate consumer lawsuits claim ski operators, including Vail, shared pricing data, leading to significant price increases. Vail denies wrongdoing. Peak-day tickets are priced at $392, $374, and $349 at Beaver Creek, Vail, and Deer Valley, respectively.

VAIL RESORTS INC (MTN) filed an SEC Form 8-K — Entry into a Material Definitive Agreement. Item 1.01. Entry into a Material Definitive Agreement. On October 16, 2026, Vail Holdings, Inc. (“VHI”), a Colorado corporation and a wholly-owned subsidiary of Vail Resorts, Inc. (the “Company”), certain subsidiaries of the Company and the Company, as guarantors, Bank of America

Sphere Entertainment (SPHR) reported Q2 revenue of $313.6M, up 11% YoY, beating estimates. Xponential Fitness (XPOF) saw revenue decline 13.4% YoY to $65.97M, missing EPS and guidance expectations. Dave & Buster's (PLAY) revenue fell 2.4% YoY to $544.1M, missing estimates. Vail Resorts (MTN) reported $278.1M revenue, up 2.5% YoY, beating expectations. Stocks reacted accordingly post-earnings.

Oasis Management now owns 9.6% of Vail Resorts (MTN) and is pushing for four board seats, including two Park City residents. The hedge fund cites issues like long lines and high food prices, and seeks changes in pricing, marketing, and resort usage. Vail's net income fell 47% last fiscal year, and pass sales are down 12% this season, according to Oasis.