Sources: Sprint Shelves NASCAR "Experience" Sprint Dropping NASCAR Title Sponsorship After '16 France: No Major Changes Coming To Chase Charlotte Motor Speedway Removing 41,000 Seats Target Moves To Sponsor One IndyCar Entry Shanks, Lazarus Talk About Sharing NASCAR Rights Toyota's Venture Into NASCAR Still Paying Off SMT Conference Slide Show Talks To Extend NASCAR's Sprint Deal Coming Soon Harvick Reiterates Chase Brought Greater Excitement
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JOURNAL ANALYSES SPORTS STOCK WINNERS AND LOSERS
Published January 18, 1996
In the "Heard on the Street" column in this morning's WALL STREET JOURNAL, Dave Kansas reports on sports-related investments, noting some big winners and losers on Wall Street. Kansas specifically notes Ascent Entertainment -- owners of the Avalanche and Nuggets (which has dropped 20% since its IPO) and Churchill Downs (down 21%) as poor investments. Among Kansas's winners: Speedway Motorsports, builder and operator of NASCAR tracks, which has risen 47% in the last year; Callaway Golf, up 28%; and Gaylord Entertainment, up 10% (WALL STREET JOURNAL, 1/18).