well you still havent learned anything...cant imagine why you are here....SEAS up today..SeaWorld Jumps on Oscar Snub for ‘Blackfish’ Whale Rights Movie
By Christopher Palmeri Jan 16, 2014 8:53 AM PT 0 Comments Email Print
SeaWorld Entertainment Inc. (SEAS) shares rose after “Blackfish,” a documentary critical of the theme-park operator’s treatment of killer whales, didn’t receive an Oscar nomination today.
Shares of the Orlando, Florida-based company, headed for a sixth straight daily advance, climbed 5.5 percent to $32.70 at 11:52 a.m. in New York, after increasing 6.4 percent for the biggest intraday gain in four months.
“Investors overwhelmingly expected ‘Blackfish’ to receive a nomination,” Timothy Conder, a Wells Fargo Securities analyst, said in a research note today. “Investors will now likely return to solely focusing on core fundamentals.”