FUN Stock Heads For 4th Week Of Loss: Analyst Sees 29% Downside Ahead Of Earnings As Mounting Debt, Weak Sales Loom
Bad weather, closed rides and safety concerns are adding to Six Flags Entertainment’s problems before its earnings report. Mizuho cut Six Flags’ price target to $5 from $10, citing weak sales and rising debt. Six Flags reported a $202.6 million Q2 loss, and its stock has fallen 84% from its July 2024 peak. Guggenheim cut … Read more