Vail Resorts Inc. MTN, -0.19% announced Tuesday that all of its resorts and retail stores in North America will remain closed for the winter ski season due to COVID-19, the disease brought on by the novel coronavirus. The company had previously announced it would be closing these properties from March 15 to March 22. Vail Resorts will consider reopening its Breckenridge Ski Resort, Heavenly Mountain Resort, and Whistler Blackcomb property in late April or early May depending on how the situation evolves and whether weather conditions allow it. "Our decision to end the season now is evidence of the fast-moving situation involving COVID-19, and it was not an easy one to make as we deeply considered the extended impact it will have on our guests, employees and communities," Chief Executive Rob Katz said in a release. The shares have lost 38% over the past month as the S&P 500 SPX, -1.11% has dropped 29%.