Six Flags CEO buys $3 million of stock

Posted | Contributed by Jeff

Six Flags' stock may have gotten hit after a weaker-than-expected earnings report in July, but CEO Jim Reid-Anderson told CNBC that he has since only reaffirmed his faith in the company. He bought $3 million of the stock Friday because, he said, "I believe that the stock price, where it is today, doesn't reflect the true value of this company."

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