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IBEX, Tesla, IonQ, Warner Bros. Discovery And Other Big Stocks Moving Higher On Friday - Figure Technology (NASDAQ:FIGR), Six Flags Entertainment (NYSE:FUN)
Benzinga· 2025-09-12 14:24
Group 1 - U.S. stocks experienced mixed performance, with the Dow Jones index declining by over 100 points on Friday [1] - IBEX Limited reported better-than-expected fourth-quarter financial results, with earnings of 87 cents per share, surpassing the analyst consensus estimate of 70 cents per share [2] - IBEX's quarterly sales reached $147.138 million, exceeding the analyst consensus estimate of $132.925 million, leading to a 33.7% surge in its shares to $40.74 [2] Group 2 - QMMM Holdings Limited saw its shares jump by 52% to $115.00 [4] - Rigetti Computing, Inc. shares rose by 15% to $19.19 [4] - IonQ, Inc. gained 14% to $53.88 after receiving regulatory approval for the acquisition of Oxford Ionics [4] - Serve Robotics Inc. increased by 14% to $13.01 [4] - Figure Technology Solutions, Inc. shares gained 13.6% to $35.36, pricing its IPO at $25 per share [4] - QuantaSing Group Limited rose by 12% to $10.91, with financial results expected on Sept. 17 [4] - HUTCHMED (China) Limited increased by 11.2% to $18.20 [4] - NuCana plc shares rose by 9.5% to $4.0200 [4] - Warner Bros. Discovery, Inc. gained 8.8% to $17.60 following news of a potential bid from Paramount Skydance [4] - Six Flags Entertainment Corporation surged by 7% to $23.30 after reporting year-over-year attendance increases and strong season pass sales for 2026 [4] - Tesla, Inc. shares increased by 5.2% to $385.75 amid internal criticisms of CEO Elon Musk's leadership [4]
Six Flags rallies after pointing to improved traffic trends (FUN:NYSE)
Seeking Alpha· 2025-09-12 13:56
Group 1 - Six Flags Entertainment Corporation reported a strong start for its 2026 season pass program, indicating positive attendance trends [2] - The company experienced weather-related challenges previously, but the current update suggests a recovery in attendance [2]
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Six Flags Entertainment Corporation -FUN
Prnewswire· 2025-09-08 19:30
Core Insights - Six Flags Entertainment Corporation is under investigation for potential securities fraud and unlawful business practices [1] - The company reported disappointing Q2 2025 results, lowering its EBITDA guidance from $1.08 billion-$1.12 billion to $860 million-$910 million [2] - The decline in guidance is attributed to first-half performance, a smaller season-pass base, and economic volatility affecting customer demand [2] - Six Flags' stock price dropped by $6.38, or 20.78%, closing at $24.32 per share following the news [3] Financial Performance - Six Flags reduced its EBITDA guidance for 2025 to a range of $860 million to $910 million, a significant decrease from previous expectations [2] - The company cited several factors for this downgrade, including first-half results and a smaller season-pass base [2] Management Changes - Richard Zimmerman, the president and CEO of Six Flags, is set to step down from his roles by the end of the year [2]
SIX FLAGS ALERT: Bragar Eagel & Squire, P.C. is Investigating Six Flags Entertainment Corporation on Behalf of Six Flags Stockholders and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2025-08-31 12:57
Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Six Flags Entertainment Corporation due to disappointing financial results and possible violations of federal securities laws [1][3]. Financial Performance - On August 6, 2025, Six Flags reported a reduction in its EBITDA guidance for the year to between $860 million and $910 million, down from a previous expectation of $1.08 billion to $1.12 billion [3]. - The downgrade in guidance is attributed to several factors, including first-half results, a smaller season-pass base, and economic volatility affecting customer behavior [3]. Stock Market Reaction - Following the announcement of the disappointing results, Six Flags' stock price fell by $6.38 per share, or 20.78%, closing at $24.32 per share on August 6, 2025 [4]. Management Changes - Six Flags' President and CEO, Richard Zimmerman, is set to step down from his roles by the end of the year, which may further impact investor confidence [3].
Six Flags investors threaten lawsuit after struggling theme park giant reports $100 million loss
New York Post· 2025-08-25 15:56
Core Viewpoint - Six Flags Entertainment Corp. reported a significant quarterly loss of $100 million, prompting investor concerns about potential securities fraud and the company's failure to disclose financial difficulties earlier [1][2][6]. Financial Performance - The company's stock has dropped over 45% year-to-date, with a decline of more than 60% from its all-time high of over $70 in 2017, currently trading around $25 per share [3][9]. - Following the earnings release on August 6, which revealed a drastic shift from profit to a substantial loss, the company also reduced its full-year forecast, negatively impacting its market value [3][10]. Management and Strategy - CEO Selim Bassoul, who took over in late 2021 with a turnaround plan, is set to resign at the end of the year, adding to the uncertainty surrounding the company [6][14]. - Executives attributed the poor performance to bad weather and disappointing season-pass sales, raising concerns about the company's reliance on repeat customers [4][9]. Legal and Regulatory Issues - Two law firms, Schall Law Firm and Portnoy Law Firm, are investigating whether Six Flags misled shareholders regarding its financial health prior to the release of its second-quarter results [2][11]. - The investigations may lead to class-action lawsuits as investors seek accountability for the reported losses and management's prior assurances of stable growth [10][13].
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Six Flags Entertainment Corporation - FUN
GlobeNewswire News Room· 2025-08-25 15:44
Core Insights - Six Flags Entertainment Corporation is under investigation for potential securities fraud and unlawful business practices [1] - The company reported disappointing Q2 2025 results, lowering its EBITDA guidance significantly [3] - Following the announcement, Six Flags' stock price experienced a substantial decline [4] Financial Performance - Six Flags reduced its EBITDA guidance for the year to between $860 million and $910 million, down from a previous expectation of $1.08 billion to $1.12 billion [3] - The downgrade was attributed to several factors, including first-half results and a smaller season-pass base [3] Management Changes - Richard Zimmerman, the president and CEO of Six Flags, plans to step down from his roles by the end of the year [3] Market Reaction - On August 6, 2025, Six Flags' stock price fell by $6.38 per share, or 20.78%, closing at $24.32 per share [4]
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Six Flags Entertainment Corporation - FUN
GlobeNewswire News Room· 2025-08-21 17:55
Core Viewpoint - Six Flags Entertainment Corporation is under investigation for potential securities fraud and unlawful business practices following disappointing financial results and a significant drop in stock price [1][3][4]. Financial Performance - On August 6, 2025, Six Flags reported a reduction in its EBITDA guidance for the year to between $860 million and $910 million, down from a previous expectation of $1.08 billion to $1.12 billion [3]. - The downgrade in guidance is attributed to several factors, including first-half results, a smaller season-pass base, and economic volatility affecting customer behavior [3]. Management Changes - Richard Zimmerman, the president and CEO of Six Flags, is set to step down from his roles by the end of the year [3]. Market Reaction - Following the announcement of the disappointing results and guidance downgrade, Six Flags' stock price fell by $6.38 per share, or 20.78%, closing at $24.32 per share on August 6, 2025 [4].
Six Flags Entertainment Corporation Investors: Company Investigated by the Portnoy Law Firm
GlobeNewswire News Room· 2025-08-19 20:44
Core Viewpoint - The Portnoy Law Firm has initiated an investigation into possible securities fraud involving Six Flags Entertainment Corporation, following a significant financial downturn reported by the company [1][3]. Financial Performance - Six Flags reported a swing from a profit to a loss of $100 million in its second-quarter 2025 financial results, which was a significant decline [3]. - The company has reduced its full-year guidance, attributing the downturn to adverse weather conditions and lower season pass sales [3]. Management Changes - Six Flags announced that its CEO will step down at the end of the year, which may impact investor confidence and company direction [3]. Legal Actions - Investors who have incurred losses are encouraged to contact the Portnoy Law Firm for a complimentary case evaluation and to discuss potential claims [2][4]. - The investigation is focused on whether Six Flags issued false or misleading statements or failed to disclose material information to investors [3].
Six Flags Is Having a Seriously Scary Summer
WSJ· 2025-08-16 01:00
Core Insights - Six Flags Entertainment is facing significant operational challenges, exemplified by the issues surrounding its new roller coaster, Siren's Curse, which has experienced frequent breakdowns since its opening in late June [1] Company Challenges - The Siren's Curse roller coaster at Cedar Point has received positive reviews but has also become notorious for its reliability issues, leading to negative perceptions among visitors [1]
Six Flags Entertainment to Unleash Biggest Halloween Season in History with Debut of The Conjuring: Beyond Fear Interactive Experience
Prnewswire· 2025-08-11 08:01
Core Insights - Six Flags is launching a new Halloween attraction called "The Conjuring: Beyond Fear," which will feature interactive experiences based on the horror franchise [1][2] - The attraction will debut in multiple parks, including Carowinds, Cedar Point, Canada's Wonderland, and Kings Island, and will require an additional purchase [2] - The 2025 Halloween season will see the return of several iconic horror properties in haunted mazes across seven theme parks, enhancing the overall scare experience [3][4] Group 1: New Attractions - "The Conjuring: Beyond Fear" will offer a 20-minute immersive experience where guests navigate scenes from The Conjuring Universe [2] - New haunted mazes include "The Strangers: No Escape," "SAW: Legacy of Terror," and "Army of the Dead," each designed to elevate the horror experience [4] - Original themed mazes will also be available, featuring various horror elements such as demented clowns and possessed puppets [5] Group 2: Seasonal Events and Activities - Six Flags parks will host family-friendly daytime events, including trick-or-treat trails and pumpkin patches, ensuring a mix of fun and fear [10] - The parks will also feature scare zones, live entertainment, and themed rides that enhance the Halloween atmosphere [7][8] - Special events like Oktoberfest will be included, offering festive activities alongside Halloween attractions [13] Group 3: Ticketing and Access - The Haunted Attractions Pass will provide unlimited access to all haunted mazes for one evening, while season passholders can enjoy season-long access [12] - A special MVP sale offers unlimited access to over 40 parks for the remainder of 2025 and all of 2026, including numerous attractions [11] - Each park's specific offerings and ticketing details will be available on their respective websites [6]