What the Smartest Investors Know About Six Flags Stock
The amusement park owner is trying to change its business model and one activist investor thinks it knows how to help the process along.
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The amusement park owner is trying to change its business model and one activist investor thinks it knows how to help the process along.
Jonathan Litt's Land & Buildings Investment Management, a hedge fund and approximately 3% shareholder in Six Flags Entertainment (NYSE:SIX), on Wednesday,
Land & Buildings' Jonathan Litt says Six Flags should sell or spin off its real estate assets that are worth more than its market cap.
A group of Six Flags investors is asking the company to sell the land underneath its amusement parks, to help boost the company's earnings and stock price.
The theme park operator is a high-risk, high-reward opportunity for patient investors.