Theme park stocks are on fire as the summer heats up

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Shares of theme park owners Cedar Fair and Six Flags have soared as the economy has reopened and people look to travel and take affordable-ish vacations, or even just day trips

Shares of theme park owners Cedar Fair and Six Flags have soared as the economy has reopened and people look to travel and take affordable-ish vacations, or even just day trips. Six Flags, the owner of Magic Mountain near Los Angeles, New Jersey's Great Adventure and Six Flags over Georgia, is up nearly 25% this year and has more than doubled in the past 12 months. Temperature checks are gone from some theme parks and elsewhere.

Man recreates Disneyland rollercoaster in his parents' backyard 01:06The desire to visit theme parks is clearly there. SeaWorld CEO Marc Swanson told investors on a May earnings call that the company had a"a robust spring break season across our parks, including several days where our parks reached capacity limitations."He added that it would have been"notably higher in the quarter" without those capacity constraints.

 

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Affordable-ish, yes, but even that, for who? Not for a lot of people. 🤔

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