Cedar Fair units hit record high

Posted Thursday, October 18, 2012 10:27 AM | Contributed by VitaminsAndGravy

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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