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Stock impact report

SeaWorld faces declining attendance and enforcement action by SEC [CNN]

SeaWorld Entertainment, Inc. (SEAS) 
Last seaworld entertainment, inc. earnings: 2/26 06:30 am Check Earnings Report
Company Research Source: CNN
SeaWorld faces enforcement action by SEC The Securities and Exchange Commission is preparing to take enforcement action against SeaWorld, the company said in a public filing. SeaWorld Entertainment ( SEAS ) said it received notice from the SEC on April 6 of the impending "civil enforcement action or administrative proceeding, " the company said in an SEC filing late Thursday. The action could take the form of a financial penalty, a cease-and-desist order, or some other proceeding. SeaWorld and the SEC declined to comment to CNNMoney. The announcement triggered a 3% drop in stock price in after-hours trading, but the share price was recovering on Friday. Federal enforcement agencies have been circling SeaWorld since last year. The company announced on June 23, 2017, that it was the subject of two separate probes, one from the SEC and one from the Justice Department. SeaWorld CEO steps down as attendance slides In its public filing last year, SeaWorld said that it was subpoenaed Show less Read more
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