When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
SIX - Why Shares of Six Flags Entertainment Popped 11.1% on Wednesday
Six Flags Entertainment Corporation
Shares of amusement park company Six Flags Entertainment (NYSE: SIX) jumped as much as 11.1% in trading on Wednesday after reporting fourth-quarter 2020 results. Shares were off their highs but still up 4.1% at 3:40 p.m. EST.
Fourth-quarter revenue dropped 58% to $109 million, and net loss for Six Flags was $86 million, or $1.00 per share. On the plus side, spending per guest jumped 17% to $47.00, and management is confident that business will continue to improve in 2021.