Welcome to our dedicated page for Parks! America news (Ticker: $PRKA), a resource for investors and traders seeking the latest updates and insights on Parks! America stock.
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Rhea-AI Summary
Parks! America, Inc. advises stockholders to reject the dissident slate of directors offered by Focused Compounding Fund, L.P. The nominees lack experience in operating a public company and managing a wildlife safari entertainment company. Stockholders are urged to vote for the Company's slate of director candidates.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.32%
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Parks! America (PRKA) commemorates the one-year anniversary of a tornado that struck its Wild Animal Safari Park, showcasing resilience in overcoming significant challenges. The park invested $1 million in reconstruction efforts, including repairing animal habitats, park infrastructure, and enhancing the guest experience, after suffering a $1 million revenue loss due to storm damage. Despite setbacks, the park remains committed to providing a memorable wildlife adventure for visitors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.82%
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Rhea-AI Summary
Parks! America, Inc. (PRKA) CEO Lisa Brady visits Wild Animal Safari park to mark the one-year anniversary of a tornado hit, highlighting the park's recovery and operational improvements. The park reopened in 20 days post-tornado, focusing on new attractions and enhancing visitor experiences for the 2024 high season.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.88%
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Parks! America, Inc. (PRKA) updates investor presentation with CEO's narration, focusing on enhancing properties and attracting customers.
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Rhea-AI Sentiment
End-of-Day
-8.99%
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Parks! America, Inc. (PRKA) issues its 2024 Shareholder Letter outlining strategic initiatives for shareholder value enhancement. Despite challenges like a tornado and activist investor, the company is on track for recovery and growth. Key focus areas include park asset investments, operational efficiencies, marketing, customer satisfaction, and enhanced shareholder communications.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.57%
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Parks! America, Inc. (PRKA) announces Q1 2024 results with $1.90 million in consolidated revenues, showing a 2.0% increase. Texas park revenue surged by 22%, while Missouri park revenue grew by 2%. Annual memberships soared over 9-fold due to effective marketing. Debt-to-equity ratio improved to 0.27. The company reported a net loss of $369,255. Recent developments include adopting a shareholder rights plan and appointing Charles Kohnen as interim Chairman.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4%
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Parks! America, Inc. (PRKA) will host a conference call to discuss its first-quarter fiscal year 2024 financial results. Interested parties can access the call via phone or webcast. A replay will be available for 90 days.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
11.11%
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Parks! America, Inc. (PRKA) has filed its preliminary proxy statement with the SEC for its Special Meeting of Stockholders on February 26, 2024. The company urges stockholders to wait for the definitive proxy statement and WHITE Proxy Card before voting. An open letter to Focused Compounding was also issued, emphasizing the CEO's focus on maximizing value and building a stronger operational and financial foundation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
13.64%
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Parks! America, Inc. (PRKA) announced the adoption of a limited duration shareholder rights plan to protect shareholders' interests and maximize value. The plan aims to prevent any person or group from gaining control of the company without negotiating with the Board and paying an appropriate control premium to all shareholders. Each outstanding share of the Company’s common stock will receive one right under the plan, which becomes exercisable if a person or group acquires beneficial ownership of 10% or more of the Company’s outstanding common stock.
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Rhea-AI Sentiment
End-of-Day
2.44%
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Parks! America, Inc. (PRKA) announces its 2024 Annual Meeting of Shareholders to be held virtually on June 6, 2024, along with an Investor Day at Wild Animal Safari. The company's CEO, Lisa Brady, highlights progress made in 2023, despite challenges including a tornado damaging a revenue-generating property. The company aims to focus on corporate governance, communications, and investor relations to drive future growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.44%
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Parks! America, Inc.
OTC:PRKA
PRKA Rankings
PRKA Stock Data
29.53M
21.31M
71.84%
0.42%
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