Amusement Parks
Search documents
CLASS ACTION NOTICE: Berger Montague Advises Six Flags Entertainment Corp. (NYSE: FUN) Investors to Inquire About a Securities Fraud Class Action
Prnewswire· 2025-11-26 16:41
Accessibility StatementSkip Navigation PHILADELPHIA, Nov. 26, 2025 /PRNewswire/ -- National plaintiffs' law firm Berger Montague PCÂ announces that a class action lawsuit against Six Flags Entertainment Corp. (NYSE: FUN) ("Six Flags" or the "Company") has been filed on behalf of investors who purchased or acquired Six Flags shares July 1, 2024 through November 5, 2025 (the "Class Period"), including in connection with the merger between Six Flags and Cedar Fair L.P. (the "Merger"). Investor Deadline: Invest ...
Six Flags Entertainment Corporation Class Action - FUN Stockholders Should Contact Robbins LLP for Information About Leading the Six Flags Entertainment Corporation Class Action Lawsuit
Globenewswire· 2025-11-25 20:27
SAN DIEGO, Nov. 25, 2025 (GLOBE NEWSWIRE) -- Company: Six Flags Entertainment Corporation (NYSE: FUN) is an amusement park operator. What is the Class Period? July 1, 2024, merger of Legacy Six Flags with Cedar Fair, L.P., and their subsidiaries and affiliates What is the case about? Robbins LLP reminds stockholders that a class action was filed on behalf of all investors who purchased or otherwise acquired Six Flags common stock pursuant or traceable to the Company’s registration statement and prospectus ...
Struggling Six Flags names new CEO. What does that mean for Knott's and Magic Mountain?
Yahoo Finance· 2025-11-25 11:00
People ride the Goliath roller coaster, with a 255-foot drop, at Six Flags Magic Mountain in Valencia in 2021. (Mel Melcon / Los Angeles Times) Struggling with a plummeting stock price and a decline in revenues, Six Flags Entertainment Corp. named a new CEO Monday, weeks after company officials suggested they would sell more underperforming theme parks. Six Flags announced John Reilly, a veteran theme park operator, as its new president and CEO. He had served as an interim CEO and chief operating officer ...
I wouldn't stick your neck out on Six Flags, says Jim Cramer
Youtube· 2025-11-25 01:06
Core Viewpoint - The potential involvement of Travis Kelce, a prominent NFL player, in the turnaround of Six Flags Entertainment is being considered by investors, especially following a significant decline in the company's stock since the merger with Cedar Fair [1][2][15]. Company Performance - Six Flags has experienced a dramatic 73% decline in stock value since the merger with Cedar Fair in July 2022 [2]. - Attendance at Six Flags parks was down 9% year-over-year in the second quarter, and for the period ending November 2, attendance further declined by 11% [10][16]. - The company reported a poor second quarter, leading to a slashed full-year EBITD forecast [16]. Operational Challenges - Severe weather conditions, including thunderstorms and heat waves, negatively impacted attendance early in the season [3][4]. - The introduction of new rides, such as Siren's Curse, faced operational issues, including breakdowns that affected customer experience [6][7]. - Management has struggled to deliver on promises made during the merger, with no significant revenue boost from season pass sales observed [9]. Financial Health - Six Flags has a high leverage ratio of 6.3%, indicating precarious financial health, as anything above 4 is considered very high [12]. - The company is facing challenges in generating revenue from food and beverage sales due to lower attendance [10]. Leadership Changes - CEO Richard Zim is set to step down at the end of the year, with John Riley from Palace Entertainment being appointed as the new CEO, bringing turnaround experience from the theme park industry [13][17]. - Jana Partners, an activist investor firm, has taken a 9% stake in Six Flags, potentially influencing the company's direction [14][15]. Future Outlook - There is cautious optimism regarding the potential for a turnaround with new management and support from Jana Partners, although significant challenges remain [18][19]. - The company may need to clean up its balance sheet and possibly close underperforming parks to improve its situation [19].
Jim Cramer talks Six Flags' woes
Youtube· 2025-11-25 01:02
Can Travis Kelce, the three-time Super Bowl champion tight end for the Kansas City Chiefs and the fiance of the world's biggest pop star, Taylor Swift, turn around Six Flags Entertainment, North America's largest regional amusement park operator. Now, if you asked me that question a little over a month ago, I would have said, "What are you smoking here?" But because you got to believe it or not, this is now a real question investors are grappling with. See, Six Flags as we know it today was created last yea ...
Six Flags' turnaround could take a while, Jim Cramer says
CNBC· 2025-11-24 23:59
CNBC's Jim Cramer on Monday reviewed Six Flags' prospects, saying the amusement park giant might be able to improve business eventually if it works with its activist investor."While Six Flags' new management should be able to turn things around with some help from Jana Partners and Travis Kelce, I wouldn't stick your neck out in this one unless you're willing to be incredibly patient, because it's going to take a while," he said. "And there's always the chance that the company itself can't make it if the we ...
US amusement parks focusing on family, new investments to win back cash-strapped consumers
Fox Business· 2025-11-24 18:57
Prices are increasingly top of mind for families planning theme-park vacations – and it’s showing in the numbers. Revenues at U.S. amusement parks have slipped nearly 2% year over year after several years of steady post-pandemic growth, according to the Federal Reserve Bank of St. Louis.A major signal came from Disney: in its latest earnings report, the company revealed a drop in attendance at its domestic parks for the fiscal year ending in September. UNIVERSAL EPIC UNIVERSE OPENS IN FLORIDA: TAKE AN INSID ...
Six Flags Names John Reilly President, CEO
WSJ· 2025-11-24 16:58
Six Flags Entertainment has hired John Reilly as the amusement-park operator's new president and chief executive. ...
Six Flags Entertainment Corporation (FUN) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
Prnewswire· 2025-11-20 22:36
Core Viewpoint - Investors in Six Flags Entertainment Corporation have the opportunity to lead a securities fraud class action lawsuit due to alleged undisclosed issues related to the company's merger with Cedar Fair, L.P. [1][2] Summary by Relevant Sections Lawsuit Details - The lawsuit claims that Six Flags' registration statement and prospectus related to the July 1, 2024 merger failed to disclose significant underinvestment in parks and operations, including deferred maintenance and operational improvements [2] - It is alleged that Six Flags required millions in undisclosed capital and operational expenditures to maintain or grow its market share in the competitive amusement park industry [2] - The complaint states that the revenue and operational forecasts presented to investors were not achievable based on the company's chronic disinvestment and undisclosed capital needs [2] - Positive statements made by the defendants regarding the company's business and prospects were claimed to be materially misleading and lacked a reasonable basis [2]
SHAREHOLDER ALERT: Bernstein Liebhard LLP Announces A Securities Fraud Class Action Lawsuit Has Been Filed Against Six Flags Entertainment Corporation (NYSE: FUN)
Globenewswire· 2025-11-19 15:34
NEW YORK, Nov. 19, 2025 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP announces that a shareholder has filed a securities class action lawsuit on behalf of investors (the “Class”) who purchased or acquired Six Flags Entertainment Corporation f/k/a CopperSteel HoldCo, Inc. (“Six Flags” or the “Company”) (NYSE: FUN) common stock pursuant or traceable to the Company’s registration statement and prospectus issued in connection with the July 1, 2024 merger of legacy Six Flags Entertainment Corporation (“Legacy Six ...