Core Points - A class action lawsuit has been filed against Six Flags Entertainment Corp. on behalf of investors who acquired shares between July 1, 2024, and November 5, 2025, particularly related to the merger with Cedar Fair L.P. [1][3] - The lawsuit claims that the merger registration statement and prospectus did not accurately reflect Six Flags' financial and operational status, highlighting years of underinvestment that left the parks needing significant capital to stay competitive [3] - Following the merger closing on July 1, 2024, Six Flags' stock price dropped from over $55 per share to as low as $20, representing a 64% loss in value [4] Company Overview - Six Flags, headquartered in Arlington, Texas, is a prominent owner and operator of theme and water parks [2] - The law firm Berger Montague PC, which is leading the class action, specializes in complex civil litigation and has a strong track record in recovering significant amounts for clients [5]

It's brokers' turn for crypto clarity in the U.S. Securities and Exchange Commission's series of staff statements meant to reveal its current thinking on how to treat the digital assets space, in this case touching on brokers' "physical possession" of assets and separately posing some questions about so-called alternative trading systems (ATSs) for crypto. One of the two latest releases this week deals with custody of customers' crypto securities at regulated broker-dealers, advising the firms on how to ...

As 202025 comes to a close, CNBC's Alex Sherman spoke with 16 top executives across media, sports, and entertainment, who made some pretty bold industry predictions for 2026. Joining us right now with some of those calls is Alex Sherman, CNBC's media and sports reporter. I always love when you do this.So, what would you say is the most provocative, outrageous, over-the-top thing that could actually come true. >> Yeah. So, look, these people that I speak to, these are top of the food chain executives.So, it' ...

Although the shares of long-read sequencing specialist Pacific Biosciences of California, Inc. ( PACB ) (“PacBio”) have done better of late, rising more than 25% since my last "Buy" update in February and outperforming both Illumina ( ILMN ) andAnalyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving c ...

Group 1: Economic Indicators - The Consumer Price Index (CPI) for November showed a headline increase of +0.2%, significantly below the expected +0.3% [1] - Year-over-year headline CPI, known as the Inflation Rate, came in at +2.7%, lower than the consensus expectation of +3.1% [1] - Core CPI year-over-year decreased to +2.6%, also surprising against expectations of +3.0% [1] Group 2: Energy and Food Prices - Energy prices rose by +1.1% over the two-month period, indicating potential for lower figures in the next CPI report [2] - Food prices increased by +0.1% and Shelter prices by +0.2%, suggesting inflation may be easing [2] - Prices for lodging away from home, recreation, and apparel decreased during this period [2] Group 3: Jobless Claims - Initial Jobless Claims for the previous week were reported at +224K, down from a revised +237K the prior week [3] - The 4-week average of Jobless Claims is now +217K, indicating a stable labor market [3] - Continuing Claims rose to 1.897 million from a revised 1.830 million, marking a significant decrease in long-term jobless claims [4] Group 4: Market Reactions - Pre-market futures for major indexes increased significantly following the CPI and jobless claims reports, with the Dow rising from +100 to +215 points [6] - The S&P 500 moved from +41 to +53, and the Nasdaq increased from +280 to +344 points after the news [6] - Bond yields moderated to +4.12% on the 10-year and +3.46% on the 2-year, reflecting positive market sentiment [6]

Core Viewpoint - The Amplify Seymour Cannabis ETF (CNBS) has experienced significant growth, reaching a 52-week high and increasing by 199.07% from its 52-week low price of $13.96/share, indicating strong momentum in the cannabis sector [1][2]. Group 1: Fund Performance - CNBS employs an active strategy to provide diversified exposure across the U.S. cannabis ecosystem, charging 76 basis points in annual fees [1]. - The fund has a positive weighted alpha of 19.45, suggesting potential for further gains in the near term [3]. Group 2: Market Drivers - The cannabis sector is gaining renewed attention due to President Trump's plan to ease federal regulations on marijuana, which could serve as a significant policy tailwind [2]. - Reclassifying marijuana to a lower-risk category could enhance research funding and improve access to capital by reducing legal constraints [2].

Innovative Solutions and Support, Inc. (ISSC) came out with quarterly earnings of $0.34 per share, beating the Zacks Consensus Estimate of $0.12 per share. This compares to earnings of $0.21 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +183.33%. A quarter ago, it was expected that this company would post earnings of $0.16 per share when it actually produced earnings of $0.14, delivering a surprise of -12.5%.Over the last fo ...

Data collection issues skewed the latest Consumer Price Index report, economists warned, clouding the picture for the Federal Reserve as it also grapples with a cooling labor market. ...

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