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Why is Vail Resorts Inc (MTN) Stock down?

We've noticed a 10.32% decline in Vail Resorts Inc (MTN) stock during the 2024-06-07 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!
29 Sep, 2023:

Shares of Vail Resorts, Inc. (MTN) declined by 8.40% to $221.89 after it reported lower-than-expected Q4 2023 earnings and revenues, with a 7% increase in season pass sales for the 2023/24 North American ski season. The company anticipates fiscal 2024 net income in the range of $316-$394 million with a 31% Resorts reported EBITDA margin.

https://www.zacks.com/stock/news/2158028/vail-resorts-mtn-q4-earnings-revenues-miss-estimates

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