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].
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Six Flags Entertainment Corporation - FUN