Advertisement
Canada markets closed

  • S&P/TSX

    21,969.24
    +83.86 (+0.38%)
     

  • S&P 500

    5,099.96
    +51.54 (+1.02%)
     

  • DOW

    38,239.66
    +153.86 (+0.40%)
     

  • CAD/USD

    0.7316
    -0.0007 (-0.09%)
     

  • CRUDE OIL

    83.66
    +0.09 (+0.11%)
     

  • Bitcoin CAD

    87,151.37
    -1,301.73 (-1.47%)
     

  • CMC Crypto 200

    1,327.52
    -69.01 (-4.94%)
     

  • GOLD FUTURES

    2,349.60
    +7.10 (+0.30%)
     

  • RUSSELL 2000

    2,002.00
    +20.88 (+1.05%)
     

  • 10-Yr Bond

    4.6690
    -0.0370 (-0.79%)
     

  • NASDAQ

    15,927.90
    +316.14 (+2.03%)
     

  • VOLATILITY

    15.03
    -0.34 (-2.21%)
     

  • FTSE

    8,139.83
    +60.97 (+0.75%)
     

  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     

  • CAD/EUR

    0.6838
    +0.0017 (+0.25%)
     

Theme Park Stocks Soar; Six Flags Jumps 20%

Investing.com
·1 min read

By Kim Khan

Investing.com - Amusement park stocks jumped sharply Monday on the hopeful market mood that the Covid-19 pandemic is beginning to ease in Europe and could be in major areas of the U.S. as well soon.

Six Flags Entertainment (NYSE:SIX) soared 20% in morning trading and Cedar Fair (NYSE:FUN) rose11.5%. SeaWorld Entertainment (NYSE:SEAS) climbed 13%.

Walt Disney (NYSE:DIS), where theme parks are just part of company’s huge revenue stream, gained 2.2%, off the pace of the surge in the broader market.

Six Flags said at the end of March that it expected to keep its parks closed until mid-May.

But shares have shown some resilience as rumors of a possible takeover swirled around the market.

Related Articles

EU imposes tariffs on glass fibre from China, Egypt over dumping

Stocks - Wall Street Higher Early on Hope of Virus Peaking; Dow up 1000

Amgen Stock Rises 3%