poisar

Stocks · News reference

Why Is Carnival Stock Falling Wednesday?

BenzingaLekha Gupta

Carnival Corp. (NYSE: CCL) stock slides 5.5% as high fuel costs and market-wide selling pressure hit cruise lines. See what's next.

Reference Details

Connected Markets

Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.

Source
benzinga
Observed
Checked
Cadence
Captured once, then retained as an archive reference
Status
fresh

Keep reading

  1. Zacks Investment ResearchZacks.Com

    Carnival (CCL) Sees a More Significant Dip Than Broader Market: Some Facts to Know

    Carnival stock declined 3.51% to $23.89, significantly underperforming the S&P 500's 0.33% loss. The cruise operator has fallen 10.97% over the past month while the broader market gained 3.87%. Analysts expect upcoming earnings of $1.36 per share (down 4.9% YoY) with revenue of $8.36 billion (up 2.59% YoY). Carnival holds a Zacks Rank of #3 (Hold) with a Forward P/E of 11.1, trading at a discount to its industry average.

    Read original at zacks-investment-research