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Activist investors, including Travis Kelce, bought a 9% stake in Six Flags to fix its struggling parks after a major loss and attendance drop.
Activist investor Jana Partners, joined by NFL player Travis Kelce and executives Glenn Murphy and Dave Habiger, has acquired a 9% stake in Six Flags Entertainment, aiming to improve marketing, customer experience, and shareholder value.
The move follows a $319.4 million loss in the first half of 2025 and a 9% attendance drop, attributed to poor weather and weak demand.
Six Flags shares surged 17.7% in regular trading and gained 5.1% after hours, though they remain down 47% year-to-date.
Kelce, a longtime fan of the parks, cited personal connection and desire to restore the brand’s appeal.
The group plans to engage with management and the board to drive change.
Los inversores activistas, incluido Travis Kelce, compraron una participación del 9% en Six Flags para arreglar sus parques en apuros después de una gran pérdida y caída de la asistencia.