We recently published 10 Stocks Jim Cramer Discussed As He Blasted China’s Hostility Towards The US. Six Flags Entertainment Corporation is one of the stocks Jim Cramer recently discussed.
Six Flags Entertainment Corporation is a leisure company that operates theme parks, water parks, and other properties. Its shares dipped by a whopping 20% after the firm’s second-quarter earnings report saw it cut its midpoint operating income guidance to $885 million from an earlier $1.10 billion. Investors were further shocked by the fact that Six Flags Entertainment Corporation also predicted half a million fewer visitors to its theme parks. Naturally, Cramer wasn’t impressed with the performance and didn’t hold back with his comments:
“They’re a horrendous operator. They’re horrendous. They’ve been horrendous forever. And they don’t deserve to be in the sentence.”
Pixabay/Public Domain
Here are his earlier thoughts about Six Flags Entertainment Corporation:
“Don’t be interested in it. I don’t like the theme parks other than Disney.”
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This article is originally published at Insider Monkey.
