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Why is Six Flags Entertainment Corp (SIX) Stock down?

We've noticed a 7.25% decline in Six Flags Entertainment Corp (SIX) stock during the 2023-10-20 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!
03 Oct, 2023:

Shares of Six Flags (SIX) dropped by 7.01% from $23.41 to $21.77 in the trading on Tuesday October 3, 2023. The SIX stock is down due a consensus rating of Hold from the twelve rating firms.Additionally, since the end of July, analysts have lowered their price targets for SIX stock, with Stifel Nicolas reducing it from $31 to $30, Truist Financial from $25 to $22, and Deutsche Bank from $38 to $31. These adjustments in the price target have had a notable impact on investor sentiment, contributing to the stock's decrease.

leisure LTH
$14.64
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$38.24
price up icon 9.93%
$14.82
price down icon 9.17%
$51.80
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$63.30
price up icon 0.47%
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