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COVID-19 fears hit theme park sector again

  • Theme parks stocks are reacting along with other travel and leisure stocks as anxiety over increasing COVID-19 cases in Europe sways sentiment.
  • Cedar Fair (NYSE:FUN) is down 4.35% in early trading, while Six Flags Entertainment (NYSE:SIX) is off 4.20% and SeaWorld Entertainment (NYSE:SEAS) is 2.95% lower.
  • Another consideration for the sector is the drumbeat of warnings from Big Pharma on the length of time and complexity of a mass distribution of a vaccine in the U.S. in a consideration to how spring and early summer travel should be modeled.

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