Kauffman Confirms MWR Will Cease Operations A-B Taps Busch As Lead NASCAR Brand MWR Possesses Hot Free Agent Sponsors Darlington Bullish On Labor Day Return Nature's Bakery Deal Example Of Danica's Pull MWR Won't Field Full-Time NASCAR Entry In '16 Nature's Bakery To Sponsor Danica's Car TwinSpires Signs Breeders' Cup Deal Michigan Int'l Speedway Extends Pit Road Wall Microsoft Adds Race As Dale Jr.'s Primary Sponsor
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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).