CMCSA - Disneyland Rivals Are Back in Business -- and That's a Good Thing
The past 13 months have been a figurative roller coaster for a lot of us, but folks in California can finally go on a literal one, too. Theme parks in the nation's most populous state are starting to open.
We're still two weeks away from the reopening of Disney 's (NYSE: DIS) original park in Anaheim, but nearly everyone else is starting to unlock their turnstiles. They're bringing back employees, giving locals some long overdue white-knuckled thrills, and making it easier to be an investor in amusement park operators again.
Comcast 's (NASDAQ: CMCSA) Universal Studios Hollywood reopened on Friday. Six Flags (NYSE: SIX) , Legoland, and SeaWorld Entertainment (NYSE: SEAS) opened their parks earlier this month. Only one major operator outside of Disneyland has yet to return to normal operations. Cedar Fair 's (NYSE: FUN) Knott's Berry Farm will return to normal operations on May 21. It's been a surprising laggard in the pandemic, so it's not a surprise to see the regional amusement park operator be the last one to awaken.
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Disneyland Rivals Are Back in Business -- and That's a Good Thing