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 Monday and spiked higher in early trade. The stock took out the session highs going into the close and finished up by 5.86 at $77.11, with volume at a 6-month high. Six Flags broke out of a one-month range and set a new high for the year.
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