Six Flags misses targets, anylsts downgrade plummeting stock

Posted Tuesday, August 13, 2002 7:12 AM | Contributed by MForceXtreme

Six Flags released its second quarter earning results yesterday, missing alaysts' expectations by of 17 cents per share by 9 cents. Analysts down-graded the stock this morning, which subsequently droped as low as $4.75 after closing at $11.86 yesterday. In their earnings release and today's conference call, the company said it is not optimisitc about reaching its yearly targets.

Read the Six Flags press release from Business Wire via Yahoo and the report from Dow Jones Business News.

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