Six Flags Plunges to Five-Year Low on Warning Over China Parks
- North America attendance fell last quarter, company also says
- Shares drop to lowest intraday level since October 2014
Photographer: Patrick T. Fallon/Bloomberg
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Six Flags Entertainment Corp. fell as much as 19%, the stock’s worst loss ever, after warning that troubles with its planned China theme parks will hurt revenue -- and could lead to all of the projects being canceled.
The stock tumbled as low as $35.28 in New York trading Friday, its lowest intraday level since October 2014.