Why Six Flags Stock Crashed 9% Today
Shares of amusement park operator Six Flags Entertainment (NYSE: SIX) fell 8.8% through 2:10 p.m. EDT Wednesday despite the fact that the company absolutely crushed earnings expectations this morning.
Instead of the $1.55 per share in profits on $587.1 million in sales that analysts had forecast for its fiscal third quarter, Six Flags reported $1.80 per share in profits -- and $638 million in sales.
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Source Fool.com
