Are Theme Park Stocks Tall Enough to Ride the Omicron Wave?

Stocks in general were rocked in Friday's holiday-abridged trading session. News of the new omicron variant was the one Thanksgiving leftover that no one wanted, and naturally some of the hardest-hit stocks were the companies that were starting to recover from the pandemic's severe effects.

All of the national theme park chains and regional amusement park operators declined on Friday. Walt Disney (NYSE: DIS), Cedar Fair (NYSE: FUN), and Universal Studios parent Comcast (NASDAQ: CMCSA) slipped just 2% for the shortened trading session, holding up better than the market overall. However, the same can't be said about SeaWorld Entertainment (NYSE: SEAS) and Six Flags Entertainment (NYSE: SIX), which plummeted 7% and 4%, respectively.

Are the operators of popular gated attractions about to hit trouble at the turnstiles? Why did some stocks hold up better than others? Let's break it all down.

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Source Fool.com