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Why Six Flags Stock Was Surging Today

Jeremy Bowman, The Motley Fool
·2-min read
Why Six Flags Stock Was Surging Today

Shares of Six Flags Entertainment (NYSE: SIX) were soaring today after the theme-park operator turned in a better-than-expected first-quarter earnings report. The first quarter is the seasonally slowest time of year for the regional amusement park operator, but it still counts on the bottom line, and the company has a number of warm-weather parks that are open year-round. Six Flags said revenue in the quarter rose 3% to $142 million as increased guest spending made up for a 5% decline in attendance to 1.6 million.

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