Broyhill Asset Management, an investment advisor, released its fourth-quarter 2025 investor letter. A copy of the letter can be downloaded here. 2025 witnessed extreme market concentration and a strong focus on artificial intelligence, leaving many sectors behind. The Portfolio, which has been significantly reshaped, now trades at a substantial discount relative to the broader market. The firm strongly believes it will benefit as market fundamentals improve. For the year, the portfolio declined by 1.4%, un ...

Broyhill Asset Management, an investment advisor, released its fourth-quarter 2025 investor letter. A copy of the letter can be downloaded here. 2025 witnessed extreme market concentration and a strong focus on artificial intelligence, leaving many sectors behind. The Portfolio, which has been significantly reshaped, now trades at a substantial discount relative to the broader market. The firm strongly believes it will benefit as market fundamentals improve. For the year, the portfolio declined by 1.4%, un ...

Core Viewpoint - HG Vora Capital Management has completely liquidated its stake in Six Flags Entertainment, selling 2,175,000 shares valued at approximately $49.42 million, indicating a lack of confidence in the company's future performance [2][5]. Company Overview - Six Flags Entertainment operates amusement and water parks across North America, with a diversified presence in 17 states, Canada, and Mexico, leveraging well-known intellectual properties to attract visitors [4][7]. - The company employs around 5,000 people and is headquartered in Charlotte, North Carolina [7]. Financial Performance - As of February 17, 2026, Six Flags' stock price was $15.55, with a market capitalization of $1.58 billion and a trailing twelve months (TTM) revenue of $3.10 billion. However, the company reported a net income loss of $1.60 billion for the same period, which included a $1.5 billion non-cash impairment charge [3][5]. - Six Flags' stock has decreased by 60% over the past year, reflecting significant challenges faced by the company [5]. Investment Insights - HG Vora had previously increased its holdings in Six Flags, but the decision to divest indicates a strategic shift in response to the company's ongoing struggles and poor stock performance [5][8]. - CEO John Reilly acknowledged the company's underperformance in 2025 but expressed optimism about future improvements through investments in park infrastructure, new attractions, and enhanced services [6][8].

Group 1 - Six Flags Entertainment Corporation has emerged as the largest amusement park operator in the United States following a complicated merger [1]

Core Viewpoint - The article highlights the upcoming January 5, 2026 deadline for investors to participate as lead plaintiffs in a securities fraud class action lawsuit against Six Flags Entertainment Corporation related to its merger with Cedar Fair, L.P. [1] Group 1 - The lawsuit is filed on behalf of investors who acquired Six Flags common stock pursuant to the Company's registration statement and prospectus issued in connection with the merger [1]

Core Viewpoint - A class action lawsuit has been filed against Six Flags Entertainment Corp. on behalf of investors who acquired shares during the merger period with Cedar Fair L.P., alleging that the merger registration statement misrepresented the company's financial and operational condition [1][3]. Group 1: Lawsuit Details - The lawsuit claims that Six Flags had faced years of underinvestment, leading to significant capital requirements for its parks to remain competitive, which were not disclosed to investors [3]. - Investors who purchased Six Flags securities during the class period (July 1, 2024, to November 5, 2025) have until January 5, 2026, to seek appointment as lead plaintiff [2]. Group 2: Stock Performance - On the merger closing date, July 1, 2024, Six Flags stock was trading above $55 per share, but it subsequently declined to as low as $20, representing a 64% loss in value [4].

Core Viewpoint - A class action lawsuit has been filed against Six Flags Entertainment Corp. on behalf of investors who acquired shares during the specified Class Period, alleging that the merger with Cedar Fair L.P. was misrepresented in terms of the company's financial and operational health [1][3]. Group 1: Lawsuit Details - The lawsuit claims that the registration statement and prospectus related to the merger did not accurately reflect Six Flags' financial and operational condition, highlighting a history of underinvestment in its parks [3]. - Investors who purchased Six Flags securities during the Class Period have until January 5, 2026, to seek appointment as lead plaintiff representatives [2]. Group 2: Stock Performance - On the merger's closing date, July 1, 2024, Six Flags stock was trading above $55 per share, but it subsequently fell to as low as $20, representing a decline of nearly 64% [4].

Core Viewpoint - A class action lawsuit has been filed against Six Flags Entertainment Corp. on behalf of investors who acquired shares during the specified Class Period, alleging that the merger with Cedar Fair L.P. was misrepresented regarding the company's operational and capital needs [1][3]. Group 1: Lawsuit Details - The lawsuit claims that the registration statement for the merger did not accurately reflect Six Flags' true operational and capital requirements, indicating a history of underinvestment that necessitated significant spending to maintain market share [3]. - Investors who purchased Six Flags securities during the Class Period have until January 5, 2026, to seek appointment as lead plaintiff representatives [2]. Group 2: Stock Performance - Following the merger's closure on July 1, 2024, Six Flags' stock price initially traded above $55 per share but subsequently plummeted to as low as $20, representing a nearly 64% decline [4].

Core Viewpoint - Six Flags Entertainment Corporation is set to open its first theme park outside the U.S. in Saudi Arabia, marking a significant milestone for the travel and leisure sector [3] Company Summary - Six Flags Qiddiya City in Saudi Arabia is scheduled to open next week, expanding the company's international presence [3]

Core Viewpoint - A class action lawsuit has been filed against Six Flags Entertainment Corp. by Berger Montague PC on behalf of investors who purchased shares during the specified class period, alleging that the merger with Cedar Fair L.P. was misrepresented in terms of the company's financial and operational condition [1][3]. Group 1: Lawsuit Details - The lawsuit claims that the registration statement and prospectus related to the merger did not accurately reflect Six Flags' financial and operational status, indicating a history of underinvestment in its parks [3]. - Investors who acquired Six Flags securities from July 1, 2024, to November 5, 2025, are eligible to seek appointment as lead plaintiff representative by January 5, 2026 [2]. Group 2: Stock Performance - On the merger's closing date, July 1, 2024, Six Flags stock was trading above $55 per share, but it subsequently plummeted to as low as $20, representing a decline of nearly 64% [4].