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FUN
New York Post
13 hrs

Six Flags investors threaten lawsuit after struggling theme park giant reports $100 million loss

1. Six Flags faces potential lawsuits after a $100M loss. 2. Investigations focus on possible securities fraud by Six Flags. 3. Stock price down 45% YTD; CEO is leaving soon. 4. Bad weather and poor season-pass sales cited as reasons. 5. Company slashed forecasts, sparking further investor concern.

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FAQ

Why Very Bearish?

The significant quarterly loss and potential lawsuits create strong downward pressure on the stock, reminiscent of past crises like Enron's earnings misstatements.

How important is it?

The article directly affects FUN’s potential future performance through investor sentiment and possible litigation implications.

Why Short Term?

Immediate investor sentiment is influenced by the lawsuits and financial results; thus, volatility is expected in the short term.

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