Six Flags stock up on news of Snyder's power play

Posted | Contributed by Jeff

Six Flags Inc. stock rose Thursday after the amusement-park company's largest shareholder, Dan Snyder, moved to increase its stake, oust top management and make a series of changes. Shares of Six Flags rose $1, or 18 percent, to close at $6.49 on the New York Stock Market, above the 52-week high of $6.15 set Sept. 1.