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Jim Atchison
SeaWorld stock falls 33% as orca controversy hurts attendance
SeaWorld stock falls 33% as orca controversy hurts attendance

Shares of SeaWorld Entertainment plunged 33% Wednesday after the company's earnings missed Wall Street expectations. The Orlando, Fla.-based company also conceded for the first time that attendance at its theme parks has been hurt by negative publicity concerning accusations by animal-rights activists that SeaWorld mistreats killer whales. In the past, SeaWorld executives attributed declining attendance numbers to a rise in ticket prices and a shift in the timing of the Easter holiday this year. SeaWorld shares dropped $9.25 to close at $18.90. The company reported 6.6 million visitors in the April-to-June period, nearly flat compared with the same period in 2013. Net income...

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