The year is almost over, and investors will finally see the end of one of the most challenging bear markets in recent memory. Six Flags Entertainment (NYSE: SIX), down 48% year to date, won't emerge unscathed. Shareholders are worried about the company's massive debt load and constrained liquidity. But some think a real estate spinoff could put these problems in the rearview mirror.

With that said, here's a closer look at what investors might expect from Six Flags' stock heading into 2023. 

Six Flags operates a portfolio of 27 parks across North America. It faced substantial challenges at the height of the COVID-19 pandemic because movement restrictions and park closures hindered operations. While business is back to normal, the company is still in a difficult spot.

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Source Fool.com