Disney, Regional Theme Park Operators Pin Hopes On Fall Cheer Following Summer Doldrums. Will Stocks Get A Halloween Boost?
Portfolio Pulse from Shanthi Rexaline
Theme park operators including Walt Disney Co. (NYSE:DIS), Cedar Fair L.P. (NYSE:FUN), Six Flags Entertainment Corp. (NYSE:SIX), and SeaWorld Entertainment, Inc. (NYSE:SEAS) are hoping for a boost in attendance with Halloween and Oktoberfest events, following a challenging summer due to extreme weather. Despite these efforts, challenges remain such as the hurricane season and competition for leisure spending. The stocks of these companies have underperformed the S&P 500 Index this year.
September 23, 2023 | 9:15 pm
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NEUTRAL IMPACT
Disney is hoping for a boost in attendance with Halloween and Oktoberfest events, following a challenging summer. The stock has underperformed the S&P 500 Index this year.
Disney's stock performance may be influenced by the success of their fall events. However, the impact is uncertain due to ongoing challenges such as the hurricane season.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
Cedar Fair is hoping for a boost in attendance with Halloween and Oktoberfest events, following a challenging summer. The stock has underperformed the S&P 500 Index this year.
Cedar Fair's stock performance may be influenced by the success of their fall events. However, the impact is uncertain due to ongoing challenges such as the hurricane season.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
SeaWorld is hoping for a boost in attendance with Halloween and Oktoberfest events, following a challenging summer. The stock has underperformed the S&P 500 Index this year.
SeaWorld's stock performance may be influenced by the success of their fall events. However, the impact is uncertain due to ongoing challenges such as the hurricane season.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
Six Flags is hoping for a boost in attendance with Halloween and Oktoberfest events, following a challenging summer. The stock has underperformed the S&P 500 Index this year.
Six Flags' stock performance may be influenced by the success of their fall events. However, the impact is uncertain due to ongoing challenges such as the hurricane season.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80