sixflags
Six Flags Entertainment is riding positive investor sentiment on a day when it delivered a poor earnings report.Revenue and earnings are falling on a year-over-year basis and are below pre-pandemic levels.Recession fears are weighing on the minds and wallets of its core consumers.Until the outlook becomes clear, it’s best to avoid SIX stock.Six Flags Entertainment (NYSE:SIX) is up over 13% on a day when the market is staging a relief rally of epic proportions. It shouldn’t be. The company posted earnings that confirmed a trend of two consecutive quarters where revenue and earnings are lower on...
ValueWalk
Three people were hurt in a shooting at Six Flags Great America in Gurnee, Illinois on Sunday night. A 17-year-old boy suffered a thigh injury and a 19-year-old girl sustained a leg wound. Both victims were hospitalized, but neither of their conditions were deemed life-threatening. The third victim had a shoulder injury, but declined going to the hospital. According to a news release from Gurnee police, a white sedan entered the Six Flags parking lot at 7:50 p.m. Multiple people reportedly came out of the car and started “shooting toward another individual in the parking lot” before swiftly ge...
uInterview.com
There’s no reason to chase these stocks on the way down, but keep an eye on park attendanceInvestors expecting any relief from inflation will have to wait a little longer. The Consumer Price Index (CPI) showed inflation slightly lower on a year-over-year basis. However, by any metric, this was still a troubling report. And that means there will likely be more turbulence for equities. Q1 2022 hedge fund letters, conferences and more However, we could all use a little more fun in our lives. And that’s why I’m inviting investors to take a look at Six Flags (NYSE:SIX) and Cedar Fair (NYSE:FUN) for...
ValueWalk
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