Why SeaWorld Stock Jumped Thursday

Shares of theme park company SeaWorld Entertainment (NYSE: SEAS) rose sharply on Thursday. The stock was up as much as 17.1% but has settled at a gain of 12.2% as of 1:35 p.m. EST.

Bad weather and overly lavish spending on marketing took a toll on SeaWorld's third-quarter results. But investors seem upbeat about the company's full-year adjusted EBITDA guidance and a new CEO.

Image source: Getty Images.

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Source Fool.com