October 2021

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Amazon’s lowered holiday sales forecast suggests an end to the pandemic online shopping boom

Amazon.com Inc. gave a forecast for holiday sales that fell short of analysts’ estimates, signaling the pandemic’s boost to online shopping continues to fade. The shares declined about 5% in extended trading. The company’s revenue and profit also missed projections for the third quarter and Amazon said its costs to negotiate supply chain issues and…

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Six Flags Entertainment gains as much as 3.6% as M Science notes that trends for the theme-park operator improved in the last few weeks of the quarter as well as the first weekend in October.

Six Flags Entertainment (SIX+3.3%), Cedar Fair (FUN+0.7%) and SeaWorld Entertainment (SEAS+2.5%) jump after M Science says traffic trends improved for Six Flags and SeaWorld near the end of Q3 across core theme parks. That would also coincide with a decrease in COVID restrictions in some regions.Six Flags (NYSE:SIX) is the first of the theme park…

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