Six Flags Swings to Unexpected Loss, Slashes Dividend by 70%

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Six Flags Entertainment Corp. on Thursday swung to an unexpected loss for the latest quarter and gave a 2020 outlook well below expectations as the company struggles to lure attendees to its amusement parks and ended its China expansion plans.

Shares of Six Flags were down about 18% in midday trading, as the company also cut its dividend by 70% to 25 cents a share and announced its finance chief’s retirement.

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