Reported about 13 hours ago
Six Flags Entertainment's stock surged by 17.97% after NFL star Travis Kelce, alongside hedge fund Jana Partners, acquired a 9% stake worth approximately $200 million and launched an activist campaign to enhance shareholder value and improve the guest experience. Kelce, a lifelong fan of Six Flags, hopes to contribute to making the parks special for future generations. This comes as Six Flags struggles with a 45% decline in stock value throughout 2025 due to various operational challenges.
Source: YAHOO