8/1017 sources · 7 publishersUpdated Oct 14, 20:06 UTC
Six Flags shares tumble after fatal Goliath coaster crash in Georgia
On October 12, 2026 a rider was killed and four others injured on the Goliath roller coaster at Six Flags Over Georgia. The company cooperated with authorities and temporarily shut nine similar coasters across its parks. The news sent the stock sharply lower in after‑hours trading and continued to fall the next day.
Why it matters
The share price fell to as low as $9.98, a drop of about 16%, intensifying pressure on a balance sheet already strained by debt of roughly $5 billion. Citi’s reduction of the price target to $13 signals analysts expect further downside unless the rides reopen and attendance rebounds.
Key facts
- 1One person died and four others were injured in the Goliath coaster incident on Oct 12, 2026. 247wallst.com
- 2After‑hours share price fell to $10.69, a decline of 10.34%. 247wallst.com
- 3Debt stands at 44.95 times equity and interest coverage is 0.87. 247wallst.com
- 4Trailing net loss of $1.75 billion on revenue of $3.06 billion. 247wallst.com
- 5Citi cut its price target to $13 from $17 five days earlier. investing.com
- 6Shares dropped 16% after the incident, closing at $9.98. finance.yahoo.com
Summary written by AlphAI AI Desk from 17 of 17 sources. Not investment advice. Figures are as stated by the linked sources.