New SeaWorld CEO Makes a Splash as Stock Surges

This post was originally published on this site
https://i-invdn-com.akamaized.net/news/LYNXMPEB110XX_M.jpg
© Reuters. © Reuters.

Investing.com – Theme park operator SeaWorld Entertainment (NYSE:) surged in midday trade on Thursday after news that an executive from the timeshare and resort industry is taking the helm.

Sergio Rivera will be the company’s CEO starting next week, the company announced. He is succeeding Gus Antorcha, who stepped down in September.

Rivera was previously the president and CEO of ILG and worked for Starwood Hotels.

Shares of SeaWorld were up 15% on the news.

Separately, SeaWorld reported disappointing third-quarter results, due to inclement weather. Revenue fell 2% due to a decline in attendance from more rainy days than usual.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Add Comment