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SIX - Why Six Flags Cedar Fair and SeaWorld Stocks Dropped Today
Six Flags Entertainment Corporation
Amusement park stocks fell on Wednesday, as states across the country reported higher COVID-19 cases. By the close of trading, shares of Six Flags Entertainment (NYSE: SIX), Cedar Fair(NYSE: FUN), and SeaWorld Entertainment(NYSE: SEAS) were down 6.7%, 6.3%, and 5.5%, respectively.
At least 19 states are dealing with rising coronavirus cases. That's forcing health officials in some areas to activate emergency plans to contain the spread of the potentially deadly disease.
Rising COVID-19 cases counts could keep amusement parks empty. Image source: Getty Images.