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Six Flags Entertainment Corp. - SIX STOCK NEWS

Welcome to our dedicated page for Six Flags Entertainment news (Ticker: SIX), a resource for investors and traders seeking the latest updates and insights on Six Flags Entertainment stock.

Six Flags Entertainment Corporation (symbol: SIX) is the world’s largest regional theme park company, with its headquarters in Grand Prairie, Texas. Established in 1961, Six Flags has become synonymous with affordable, value-packed thrills and record-shattering attractions. The company operates 27 parks, including theme parks and water parks, spread across the United States, Mexico, and Canada. Among these, 24 parks are located in the U.S., two in Mexico, and one in Montreal, Canada.

The parks offer a variety of entertainment options tailored to families, teens, tweens, and thrill-seekers. Visitors can enjoy a wide range of rides, water attractions, themed areas, concerts, restaurants, game venues, and merchandise outlets. Notable events include the summer concert series, Fright Fest, and Holiday in the Park, which draw significant crowds annually.

Six Flags is dedicated to providing an unparalleled experience to millions of guests, ensuring a combination of safety, excitement, and value. The company continues to innovate with new rides and attractions to keep the guest experience fresh and exciting.

Recent achievements include multiple partnerships aimed at enhancing the guest experience and expanding the company's digital footprint. Financially, Six Flags has demonstrated resilience and growth, focusing on both short-term performance and long-term strategic initiatives. This approach ensures the company’s ongoing success and its ability to generate substantial returns for shareholders.

For those interested in the latest updates on Six Flags Entertainment Corp., news about their recent activities, financial performance, and upcoming events is frequently posted, offering up-to-the-minute information for investors and enthusiasts alike.

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Six Flags Magic Mountain: Holiday in the Park Transforms Park into Winter Wonderland with Over Two Million Lights and Festive Entertainment
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Land & Buildings Investment Management, LLC (Land & Buildings), a significant shareholder of Six Flags Entertainment Corporation, believes that the proposed merger with Cedar Fair does not maximize value for all shareholders. They suggest monetizing Six Flags' real estate, which they estimate to be worth nearly $30 per share. Land & Buildings intends to vote against the merger and explore other options to realize full value for shareholders.
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Cedar Fair Entertainment Company (NYSE: FUN) announced its financial results for Q3 2023, reporting net revenues of $842 million, a decrease of $1 million from the same period last year. Net income was $215 million, a decrease of $118 million. Adjusted EBITDA increased by 7% to $388 million. Attendance increased by 1% to 12.4 million guests. In-park per capita spending decreased by 2% to $61.65. The company also announced a cash distribution of $0.30 per limited partner unit.
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Six Flags Entertainment Corporation reported third quarter Revenue of $547 million, Net Income of $111 million, and Adjusted EBITDA of $220 million. The company has focused on investment in the guest experience and has seen progress in sales for next year's season passes.
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Cedar Fair and Six Flags Entertainment Corporation have entered into a definitive merger agreement to combine in a merger of equals transaction. The combined company will have an expanded and diversified footprint, a more robust operating model, and a strong revenue and cash flow generation profile. The merger is expected to create approximately $200 million of annual synergies, including $120 million of cost savings within two years. Cedar Fair unitholders will own approximately 51.2% of the combined company, while Six Flags shareholders will own approximately 48.8%. The transaction is expected to close in the first half of 2024.
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Rokt partners with Six Flags to offer more relevant experiences to customers. Rokt's AI unlocks additional revenue opportunities by presenting highly relevant offers to Six Flags customers. Six Flags is utilizing Rokt's machine learning technology to present offers from brands including Hulu, Hellofresh, and Homechef. Rokt's technology enables brands to create a seamless customer experience while controlling the types of offers eligible to be displayed.
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Six Flags Entertainment to release Q3 financial results on November 9, 2023
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Six Flags launches 30th season of Fright Fest with new haunted houses inspired by horror movies. Affordable for season pass holders. Family-friendly events during the day. Spooky experiences and scary rides at night. Food and beverage offerings. Fright Fest is free with park admission. Some premium haunts require additional passes. Six Flags Entertainment (NYSE: SIX) is the world's largest regional theme park company.
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SHL Telemedicine announces stable revenues and strategic growth initiatives in H1 2023
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Six Flags announces substantial planned investments in its parks, including new rides and experiences. The investments reaffirm Six Flags' commitment to providing thrills and memorable experiences. The company is offering discounts of up to 70% on season passes and tickets. The upcoming investments include five new rides in partnership with Warner Bros. Discovery. Six Flags will also launch three new roller coasters. Many parks will see new theming and improvements to existing rides.
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FAQ

What is the current stock price of Six Flags Entertainment (SIX)?

The current stock price of Six Flags Entertainment (SIX) is $32 as of July 11, 2024.

What is the market cap of Six Flags Entertainment (SIX)?

The market cap of Six Flags Entertainment (SIX) is approximately 2.7B.

What is Six Flags Entertainment Corporation?

Six Flags Entertainment Corp. is the world's largest regional theme park company, known for its thrilling rides and entertainment options.

Where is Six Flags headquartered?

Six Flags Entertainment Corporation is headquartered in Grand Prairie, Texas.

How many parks does Six Flags operate?

Six Flags operates 27 parks, including 24 in the United States, two in Mexico, and one in Canada.

What types of attractions does Six Flags offer?

Six Flags offers various rides, water attractions, themed areas, concerts, restaurants, game venues, and merchandise outlets.

What are some popular events hosted by Six Flags?

Popular events include the summer concert series, Fright Fest, and Holiday in the Park.

Who are Six Flags' target audiences?

Six Flags attracts families, teens, tweens, and thrill-seekers with its diverse range of entertainment options.

What has Six Flags achieved recently?

Six Flags has formed partnerships to enhance the guest experience and expand its digital presence, focusing on innovation and growth.

How has Six Flags performed financially?

Six Flags has shown resilience and growth, balancing short-term performance with long-term strategic initiatives to generate substantial returns.

How can I stay updated on Six Flags Entertainment Corp.?

For the latest updates on Six Flags' activities, financial performance, and events, frequent news posts are available for investors and enthusiasts.

What makes Six Flags unique?

Six Flags is renowned for its record-shattering roller coasters, special events, and a wide array of entertainment options, making it a trusted name in family entertainment since 1961.

Six Flags Entertainment Corp.

NYSE:SIX

SIX Rankings

SIX Stock Data

2.70B
82.78M
1.14%
103.29%
5.06%
Leisure
Services-miscellaneous Amusement & Recreation
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United States of America
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