Why Shares of Six Flags Entertainment Plunged 10.5% Today

Why Shares of Six Flags Entertainment Plunged 10.5% Today
Why Shares of Six Flags Entertainment Plunged 10.5% Today
Travis Hoium, The Motley Fool

Shares of Six Flags Entertainment (NYSE: SIX) fell as much as 10.5% on Wednesday after the company reported third-quarter 2020 financial results. Quarterly revenue fell 80% to $126.3 million, and Six Flags swung to a net loss of $116.2 million, or $1.37 per share. The recovery for entertainment facilities like Six Flags is uncertain at best.