10 Stocks Leaving Wall Street in the Dust

1. Six Flags Entertainment Corp. (NYSE:FUN)

Six Flags surged by 17.73 percent on Tuesday to close at $25.63 apiece as investor sentiment was fueled by the acquisition of a significant stake by activist investor, Jana Partners, in partnership with Taylor Swift’s fiancé, Travis Kelce, and two other executives.

In a statement on Tuesday, Jana Partners said it struck a deal with Kelce, consumer executive Glenn Murphy, and technology executive Dave Habiger to acquire a 9-percent stake in Six Flags Entertainment Corp. (NYSE:FUN).

According to Jana, the acquisition was aimed at engaging with the firm’s Board of Directors on opportunities to enhance shareholder value.

For his part, Kelce said that he is a Six Flags fan and grew up going to its parks with family and friends.

“The chance to help make Six Flags special for the next generation is one I couldn’t pass up,” he said.

In other news, Six Flags Entertainment Corp. (NYSE:FUN) recently welcomed Jonathan Brudnick to the Board of Directors.

Effective on October 17, Brudnick will serve as a Class III Director for the term ending in 2027 and as a member of the Board’s Nominating and Corporate Governance Committee.

While we acknowledge the potential of FUN to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than FUN and that has 100x upside potential, check out our report about this cheapest AI stock.

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