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SIX - Six Flags Entertainment: Don't Expect Bankruptcy In The Near-Term
Six Flags Entertainment Corporation
Six Flags (SIX) is one of the companies that was affected the most by the spread of COVID-19. There’s no doubt that this year will be one of the worst in Six Flags' history, as its parks were mostly closed in Q2 and only recently started to reopen.
Nevertheless, I’m bullish on the company. With $832 million inliquidity at the end of March, Six Flags will be able to stay afloat and wait for the demand to return later on. While its total debt stands at $2.4 billion, most of that will