- Activist investor Spotlight Capital Management wants SeaWorld Entertainment (SEAS +0.2%) to appoint new board members to give the company a fresh vision.
- Spotlight approves of many recent changes at the company, including the appointment of CEO Joel Manby, but thinks the board itself is outdated.
- SeaWorld is up roughly 16% since announcing it would stop breeding orcas, although it still trades at a lower forward earnings multiple than Cedar Fair or Six Flags.
Activist investor still barking at SeaWorld Entertainment despite recent rally
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Symbol | Last Price | % Chg |
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PRKS | - | - |
United Parks & Resorts Inc. |