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Ardent (ASX:ALG) share price crashed by half in 2020. Where to next?

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Ardent Leisure Group Ltd (ASX: ALG) has had a year to forget. 

That’s because the Ardent share price lost half its value over the course of 2020, and has been among the ASX companies hardest hit by the coronavirus pandemic.

However, with the new year and new hopes of a vaccine, can the leisure and entertainment company turn itself around in 2021?

What moved the Ardent share price in 2020?

Ardent Leisure owns and operates leisure assets such as Dreamworld and WhiteWater World theme parks and SkyPoint on the Gold Coast, Queensland.

Its Main Event portfolio in the United States also includes 43 family entertainment assets.

These leisure venues have been at the mercy of government-ordered lockdowns throughout last year, as the…



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