The Traderszone Network

Published in TZ Latest News 4 August, 2016 by The TZ Newswire Staff

What’s Bad for SeaWorld Is Bad for Disney World

Image source: SeaWorld.

It’s a rough day for SeaWorld Entertainment (NYSE: SEAS) investors. Shares of the theme-park operator hit new all-time lows today after the company posted disappointing quarterly results.

It’s pretty bad: Attendance across all of its parks, 5.98 million guests, is nearly 8% below where it was during last year’s second quarter. After stabilizing with a meager uptick in 2015 and inching higher during the seasonally sleepy first quarter of this year, turnstile clicks at SeaWorld are hurting again. 

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