An investor group that includes Jana Partners and NFL player Travis Kelce says it has built up one of the largest ownership stakes in Six Flags Entertainment and plans to press the company’s leadership on ways to improve the struggling amusement park operator’s business. On Tuesday, Jana announced the group now holds about a 9% economic interest in Six Flags. Following the news, shares in the Charlotte, North Carolina-based company surged 17.7%. Despite the rally, shares remain down about 47% this year. Six Flags reported a $319.4 million loss for the first half of 2025.
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