How Did Six Flags Entertainment Corp. Pull Off This Crazy Market Stunt?
Shares of theme park operator Six Flags Entertainment (NYSE: SIX) closed 6.2% higher on Wednesday, following the release of thoroughly disappointing second-quarter results.
You heard me right: Six Flags missed Wall Street's revenue and earnings targets, but share prices still jumped on the news. It's usually the other way around, right?
Don't worry, I'll help you sort out this strange turn of events.
Source: Fool.com
Six Flags Entertainment Stock
€29.40
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We see a rather positive sentiment for Six Flags Entertainment with 7 Buy predictions and 1 Sell predictions.
However, we have a potential of -4.76% for Six Flags Entertainment as the target price of 28 € is below the current price of 29.4 €.
