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Six Flags Shares Drop 14.43% as Coaster Investigation Continues

The stock closed at $10.20 on Oct. 13. Nine similar roller coasters remained temporarily closed across six parks in the United States and Canada.

Empty roller coaster track behind a closed park entrance / TokenPost.ai (macro)
Empty roller coaster track behind a closed park entrance / TokenPost.ai (macro)

After a fatal incident at Six Flags Over Georgia, the company temporarily closed similar rides at other parks. Six Flags Entertainment shares finished Tuesday, Oct. 13, down 14.43% at $10.20.

The stock opened at $10.90, reached $11.26 and dropped to $9.80. It had closed at $11.92 in the previous session. Regular trading ended at 4 p.m. ET (20:00 UTC).

Hassan Jihad Ibn Kariem, 42, was found beneath a roller coaster at about 3:58 p.m. ET (19:58 UTC) Oct. 12. Preliminary interviews indicated he was ejected and struck other patrons before falling. The investigation was ongoing, and authorities had not confirmed how the incident occurred.

Nine similar coasters were temporarily closed across six parks in the United States and Canada. Goliath, the ride involved in the incident, remained closed, with no anticipated reopening date.

The $10.42 daily pivot, $11.04 resistance and $9.58 support are estimates from a technical analysis, not company or exchange forecasts.

The share decline follows Monday’s plunge after the fatal roller-coaster incident.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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