Cedar Fair stock reaches record high in trading
Stock, which had dipped to $6 a share three years ago, reaches $36.48 on Wednesday.
Thursday, 18 October 2012
Cedar Fair LP, which three years ago saw the price of its stock dip to around $6 a share on the New York Stock Exchange, on Wednesday posted a record-high share price during trading and closed on a record high.
The publicly traded company, which owns seven water parks and 11 amusement parks, including Cedar Point in Sandusky, reached a high of $36.48 per unit shortly before 1 p.m. and closed at $35.80 per unit. Its previous high was $36.01 per unit on March 10, 2004.
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