Pursuits
Merlin Plunges as Rollercoaster Crash Causes Profit Slump
Merlin closed the Alton Towers park for six days after the June 2 accident on the Smiler rollercoaster, and also suspended marketing and shut rides at other U.K. theme parks.
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Merlin Entertainments Plc shares had a record decline after a rollercoaster crash at one of its theme parks owner led it to slash its profit forecast for the year.
The stock dropped as much as 8.9 percent, the steepest intraday drop since the company’s 2013 initial public offering.