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StockNews.com
StockNews.com
Business
Spandan Khandelwal

Citi Downgrades Six Flags From Buy to Neutral. Should You Buy the Dip?

Six Flags Entertainment Corporation (SIX) owns and operates regional theme and water parks under the Six Flags name. Its parks offer various thrill rides, water attractions, themed areas, concerts and shows, restaurants, game venues, and retail outlets.

SIX's revenue rose 68% in the first quarter, owing to several positive trends, including increased attendance, higher ticket prices, and higher spending per visit to its theme parks.

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