Zack's Downgrades FUN

[The Interpreter]

WTOP Newsradio in the Nation's Capital reports that Zack's has downgraded FUN to underperform based on FUN lowering earnings and EBITDA guidance and on reduced attendance at the company's parks.

FUN is currently down 1.04% on the news, SIX is up 0.34% in a down market.

[KIBeast]

I don't like it when FUN is down.

Seriously though, is 1.04% all that bad?

And SIX is up, but not by a great margin either. I wouldn't throw a party just yet.

[The Interpreter]

When the company itself says it is not going to meet expectations, the market reacts.

Look for more promotions, promotional pricing and giveaways in the very near future.

[medford]

If you see it as a buying opportunity, its great. If you see it as a foreshadowing of things to come, not so great (unless you short on FUN)

[PyroKinesis]

The recent Apple announcements were better than the Cedar Point "announcement". And you knew exactly what Apple was going to announce beforehand.

PR department at Cedar Point needs a shake-up.

[electricsun]

I don't like it when FUN is down.

Seriously though, is 1.04% all that bad?

And SIX is up, but not by a great margin either. I wouldn't throw a party just yet.

Thinking of my budget, depending on the line item, 1.04% could be $5 or $2000. For CP, their budget is far greater than my non-profit budget. At the beginning of a fiscal year, there is time to fix and adjust. As the fiscal year closes, you can't go back and make up that lost revenue for previous operating days. You have to adjust and make up that difference somehow.