Six Flags Entertainment (SIX) reported a first quarter loss of $1.23 Monday morning, with revenues of $88 million. The consensus estimates were for a loss of $1.46 and revenues of $68.2 million.
Six Flags Entertainment gapped up Tuesday and has spiked higher in early trade. Shares are now up 3.41 at $74.66 on above average volume. The stock is challenging the upper end of a 3-week range at the highs of the year.
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