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International Business Times UK
International Business Times UK
Ma. Kyla Morco

Six Flags Shares Hit Lowest Since 2009 After Fatal Ride Incident, but Financial Trouble Runs Much Deeper

Six Flags Over Georgia draws visitors from across the Southeast, making the investigation a concern for a business reliant on public confidence. (Credit: Six Flags Magic Mountain)

Six Flags shares fell to their lowest closing level since 2009 on 13 October, after a fatal incident at its Georgia theme park intensified scrutiny of the amusement-park operator. But the market decline comes as the company grapples with mounting losses, merger-related debt, and a major restructuring of its park portfolio.

The stock dropped 14.43 per cent to $10.20 (approximately £7.60), according to MarketWatch. The previous day, 12 October, a 42-year-old man, Hassan Jihad Ibn Kariem, died following an incident involving a roller coaster at Six Flags Over Georgia. Several other people were injured, and the Cobb County Police Department said its investigation was ongoing.

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