Cedar Fair LP
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Consumer Discretionary : Hotels, Restaurants & Leisure | Small Cap Value
Company profile

Cedar Fair, L.P. is an operator of regional amusement parks. The Company operates within a segment of amusement/water parks with accompanying resort facilities. As of December 31, 2016, the Company owned approximately 11 amusement parks, two separately gated outdoor water parks, one indoor water park and five hotels. The amusement parks include Cedar Point, located on Lake Erie between Cleveland and Toledo in Sandusky, Ohio; Knott's Berry Farm, near Los Angeles, California; Canada's Wonderland, near Toronto, Canada; Kings Island, near Cincinnati, Ohio; Carowinds, in Charlotte, North Carolina; Dorney Park & Wildwater Kingdom (Dorney Park), in Allentown, Pennsylvania; Kings Dominion, near Richmond, Virginia; California's Great America, in Santa Clara, California; Valleyfair, near Minneapolis/St. Paul, Minnesota; Worlds of Fun, in Kansas City, Missouri, and Michigan's Adventure, in Muskegon, Michigan. It manages and operates Gilroy Gardens Family Theme Park in Gilroy, California.

Closing Price
Day's Change
0.10 (0.34%)
B/A Size
Day's High
Day's Low
(Below Average)

10-day average volume:

Genius Brands stock plunges, has lost more than half its value since last week's peak

10:36 am ET June 11, 2020 (MarketWatch)

Shares of Genius Brands International Inc. (GNUS) tumbled 22% on heavy volume in morning trading Thursday, and have lost more than half their value since peaking on June 3, as the pullback in the broader stock market accelerates. Trading volume was 68.7 million shares, compared with the full-day average of 70.8 million shares, and the public float of 96.8 million shares (http://www.marketwatch.com/investing/stock/GNUS). The kids media company filed a prospectus early Thursday regarding the disclosure on June 4 (http://www.marketwatch.com/story/genius-brands-stock-dives-into-negative-territory-after-registering-for-stock-sales-2020-06-04) of an offering of 60.1 million shares of stock. Prior to that disclosure, the stock had rocketed 2,440% in a month (http://www.marketwatch.com/story/genius-brands-stock-rockets-more-than-2000-in-a-month-ahead-of-important-news-in-coming-days-2020-06-03) to close at a 5-year high of $7.93. The stock has now plunged 56% since that peak. Also last week, the company announced hires (http://www.marketwatch.com/story/genius-brands-announces-important-hires-for-kartoon-channel-stock-extends-pullback-2020-06-05) to run its Kartoon Channel!, which is set to launch on June 15. The stock's pullback comes as the Dow Jones Industrial Average tumbled 894 points, or 3.3%, after falling 582 points the past two days to snap a six-day win streak through Monday in which the Dow soared 2,189 points.

-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

June 11, 2020 10:36 ET (14:36 GMT)

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