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Six Flags Entertainment Corporation f/k/a CopperSteel HoldCo, Inc. (FUN) Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Newsfile· 2025-11-25 21:00
San Diego, California--(Newsfile Corp. - November 25, 2025) - The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Six Flags Entertainment Corporation f/k/a CopperSteel HoldCo, Inc. (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 Flags") with Cedar Fair, L.P. ("Cedar Fair"), and their subsidiaries and affilia ...
Nitorum Capital Pares Down Six Flags Position: Should Investors Be Worried About the Stock?
Yahoo Finance· 2025-11-25 15:54
Six Flags Entertainment is a leading regional amusement park operator with a broad footprint across 17 states in the U.S., Canada, and Mexico.Has a business model centered on delivering themed entertainment experiences and monetizing guest visits via ticket sales, food and beverage, merchandise, and branded experiences.Operates amusement parks, water parks, and resort properties across North America, generating revenue through admissions, in-park spending, and licensing of intellectual property such as Loon ...
Robbins Geller Rudman & Dowd LLP Announces that Six Flags Entertainment Corporation f/k/a CopperSteel HoldCo, Inc. (FUN) Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Globenewswire· 2025-11-20 15:15
SAN DIEGO, Nov. 20, 2025 (GLOBE NEWSWIRE) -- Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Six Flags Entertainment Corporation f/k/a CopperSteel HoldCo, Inc. (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 Flags”) with Cedar Fair, L.P. (“Cedar Fair”), and their subsidiaries and affiliates (the “Merger”), have until Mon ...
Why HG Vora Dumped $53.5 Million in United Parks Amid a 44% Stock Slide
The Motley Fool· 2025-11-15 21:10
Core Insights - HG Vora Capital Management has significantly reduced its stake in United Parks & Resorts Inc., selling nearly 1.2 million shares for approximately $53.5 million, which indicates a strategic pivot on one of its major investments [1][2][6] Company Performance - United Parks & Resorts Inc. reported a third-quarter revenue decline of 6.2% to $511.9 million, with attendance dropping 3.4% to 6.8 million guests, reflecting a decrease of about 240,000 guests year over year [7][8] - Net income for the company fell 25% to $89.3 million, and free cash flow also weakened, attributed to factors such as an unfavorable holiday calendar, weather disruptions, and a reversal in international visitation [8][9] Financial Metrics - As of the latest market close, United Parks & Resorts Inc. shares were priced at $31.97, down 44% over the past year, significantly underperforming compared to the S&P 500, which has gained nearly 15% [3][4][8] - The company's market capitalization stands at $1.7 billion, with a trailing twelve-month (TTM) revenue of $1.7 billion and a TTM net income of $181.2 million [4][5] Investment Implications - The reduction of United Parks & Resorts' position from 11% to 3% of HG Vora's assets under management (AUM) suggests a waning conviction in the stock's potential for recovery [3][6] - The company's business model is under scrutiny, as it may not be fundamentally broken, but the margin of safety has narrowed, necessitating improvements in execution, stabilization of demand, and demonstration of cost efficiencies to regain investor confidence [9]
Securities Fraud Investigation Into Six Flags Entertainment Corporation (FUN) Announced – Shareholders Who Lost Money Urged To Contact Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm
Businesswire· 2025-11-13 19:51
Core Viewpoint - Glancy Prongay & Murray LLP has initiated an investigation into Six Flags Entertainment Corporation regarding potential violations of federal securities laws [1] Company Summary - The investigation is on behalf of investors who may have incurred losses related to Six Flags Entertainment Corporation [1]
FUN INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Six Flags Entertainment Corporation f/k/a CopperSteel HoldCo, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Globenewswire· 2025-11-07 17:00
NEW YORK, Nov. 07, 2025 (GLOBE NEWSWIRE) -- Attorney Advertising-- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed on behalf of purchasers or acquirers of Six Flags Entertainment Corporation f/k/a CopperSteel HoldCo, Inc. (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 ...
Cedar Fair(FUN) - 2025 Q3 - Earnings Call Presentation
2025-11-07 13:00
NYSE: FUN 2025 Third Quarter Earnings Call Presentation November 7, 2025 Safe Harbor Some of the statements contained in this presentation that are not historical in nature are forward-looking statements within the meaning of the federal securities laws, including Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements as to our expectations, beliefs, goals and strategies regarding the future. Words such as "anticipate," ...
Investor Files Class Action Lawsuit Against Six Flags Entertainment Corporation f/k/a CopperSteel HoldCo, Inc. (FUN) and Attorneys Announce Opportunity for Investors with Substantial Losses to Lead Class Action Lawsuit
Prnewswire· 2025-11-06 13:20
Core Viewpoint - The class action lawsuit against Six Flags Entertainment Corporation alleges that the company misrepresented its financial health and operational needs during its merger with Cedar Fair, leading to significant stock price declines post-merger [3][4]. Company Overview - Six Flags Entertainment Corporation operates amusement parks and was formerly known as CopperSteel HoldCo, Inc. [2]. Merger Details - The merger between Legacy Six Flags and Cedar Fair was completed on July 1, 2024, with Six Flags stock initially trading above $55 per share [4]. - Following the merger, the stock price plummeted to as low as $20 per share, representing a nearly 64% decline [4]. Allegations of Misrepresentation - The lawsuit claims that the registration statement for the merger failed to disclose chronic underinvestment in Legacy Six Flags, which required millions in additional capital to maintain operations [3]. - It is alleged that the company's executives misled investors by claiming transformational investments were made prior to the merger [3]. - The new CEO, Selim Bassoul, reportedly cut employee headcount to reduce costs, which negatively impacted operational competence and guest experience [3]. Legal Proceedings - The class action lawsuit is titled "City of Livonia Employees' Retirement System v. Six Flags Entertainment Corporation" and was filed in the Northern District of Ohio [1]. - Investors have until January 5, 2026, to seek appointment as lead plaintiff in the lawsuit [1].
Robbins Geller Rudman & Dowd LLP Files Class Action Lawsuit Against Six Flags Entertainment Corporation f/k/a CopperSteel HoldCo, Inc. (FUN), Announces Opportunity for Investors with Substantial Losses to Lead Six Flags Class Action Lawsuit
Businesswire· 2025-11-06 01:55
Nov 5, 2025 8:55 PM Eastern Standard Time Robbins Geller Rudman & Dowd LLP Files Class Action Lawsuit Against Six Flags Entertainment Corporation f/k/a CopperSteel HoldCo, Inc. (FUN), Announces Opportunity for Investors with Substantial Losses to Lead Six Flags Class Action Lawsuit Share SAN DIEGO--(BUSINESS WIRE)--Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Six Flags Entertainment Corporation f/k/a CopperSteel HoldCo, Inc. (NYSE: FUN) common stock pursuant or traceable to the ...
UBS Reaffirms Its ‘Buy’ Rating on Six Flags Entertainment Corporation (FUN) with a $34 Price Target
Yahoo Finance· 2025-09-25 00:13
Core Insights - Six Flags Entertainment Corporation (NYSE:FUN) is recognized as one of the 11 Best Retirement Stocks to Buy According to Analysts, indicating strong investment potential [1] - UBS has reaffirmed a 'Buy' rating on Six Flags with a price target of $34, suggesting a potential upside of approximately 58.88% from the current trading price of about $21.40 [2] - Attendance at Six Flags parks increased by 3% year-over-year in August, exceeding both the company's own third-quarter estimate of 0.5% growth and Wall Street's consensus of 0.6% [3] Company Performance - Six Flags operates amusement parks, water parks, and resorts across the U.S., Mexico, and Canada, contributing to its recognition in the Best Retirement Portfolio [3] - The company reported a 2% increase in attendance over a nine-week period, marking an improvement from the 1% growth reported for the five-week period ending August 3 [3]