Six Flags shares edge down as probe continuesJuly 22, 2013 @ 9:39 am
NEW YORK (AP) - Six Flags shares are down slightly as the company continues to investigate a fatality at one of its parks.
A woman died Friday while riding the Texas Giant roller coaster at the company's park in Arlington, Texas. The 14-story ride, which remains closed, is touted as the tallest steel-hybrid roller coaster in the world.
Six Flags CEO James Reid-Anderson says the company won't release any further information until its investigation is complete.
Six Flags also said Monday that its second-quarter net income dropped 34 percent, pulled down by a steep increase in income tax expense and lower park attendance stemming from bad weather. Its results fell short of Wall Street predictions.
In midday trading, shares of Grand Prairie, Texas-based Six Flags Entertainment Corp. are down 42 cents to $35.43.
(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
What Took So Long?
WSDOT explains why it took so long to clean up a collision on I-5 Monday morning
Coach Pete Carroll is disappointed Percy Harvin didn't work out
Please login below with your Facebook, Twitter, Google+ or Disqus account. Existing MyNorthwest account holders will need to create a new Disqus account or use one of the social logins provided below. Thank you.