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News  ›  GlobeNewswire Inc.

Deadline Alert: Six Flags Entertainment Corporation (FUN) Shareholders Who Lost Money Urged To Contact Glancy Prongay & Murray LLP About Securities Fraud Lawsuit

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Glancy Prongay & Murray Llp
Deadline Alert: Six Flags Entertainment Corporation (FUN) Shareholders Who Lost Money Urged To Contact Glancy Prongay & Murray LLP About Securities Fraud Lawsuit

Six Flags faces a class action lawsuit alleging misleading statements about its merger with Cedar Fair, with stock price dropping from $55 to $20 per share due to undisclosed financial challenges and operational issues.

Insights
WMT   positive

Reported Thanksgiving dinner costs 25% less than previous year, indicating economic improvement


FUN   negative

Stock price dropped 64%, CEO resigned, financial performance significantly underperformed estimates, and facing allegations of misleading investors about merger and operational conditions