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Why Cedar Fair Stock Fell 14% in June

TheMotleyFool

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Cedar Fair (NYSE: FUN) shareholders lost ground to the market last month as their stock fell 14% compared to a 1.8% boost in the S&P 500, according to data provided by S&P Global Market Intelligence.

The decline added to significant losses for the regional theme park specialist, with shares down nearly 50% through the first half of 2020.

Early in the month, investors pushed shares higher on rising optimism about Cedar Fair's critical summer roller coaster season. With COVID-19-related social distancing restrictions being lifted, its locations seemed ready to get right back to entertaining guests, although at reduced capacities initially.

Source Fool.com

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