Why Six Flags Stock Fell Hard This Week
Six Flags Entertainment (NYSE: SIX) shareholders lost ground to a declining market this week as the stock fell 8% through Thursday trading compared to a 2% slump in the S&P 500, according to data provided by S&P Global Market Intelligence. The decline pushed the theme park operator further into negative territory for the year, down 33% so far in 2022.
It was partly powered by concern about a recession on the way, and partly by an operating update from the company.
Image source: Getty Images.
Source Fool.com