Why Six Flags Stock Ascended This Week

Six Flags Entertainment (NYSE: SIX) shareholders have had a good week. Their stock was up 17% through Thursday trading compared to a 0.1% decline in the S&P 500.

The rally erased some of the year-to-date losses that investors have seen with the theme park specialist. Yet the stock is still down 12% in 2023, according to data provided by S&P Global Market Intelligence.

Six Flags stock got a boost from the company's first-quarter earnings update, which showed improving spending metrics.

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Source Fool.com