Seaworld Stock Price has Been on a Tear in the Past 3 Months, But is Down for the Year

SeaWorld tries to comeback after a difficult year. Shares are recovering, gaining 22 percent in the past 3 months but down 40% for the year.
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SeaWorld tries to comeback after a difficult year. Shares are recovering, gaining 22 percent in the past 3 months but down 40% for the year. Attendance at its theme parks have taken a hit after the controversial documentary Blackfish, focused on treatment of its killer whales at Seaworld parks. The continued scandel took down the former CEO Jim Athison in December. SeaWorld is also cutting hundreds of jobs and undergoing a multi-million dollar restructuring. The company is also postponing its dividend payment and reduced its stock buyback program. The negative publicity regarding its treatment of killer whales is expected to continue to impact its results.