Shares of Carnival Corp. leapt Tuesday, taking back nearly everything they had lost in the previous session’s “perplexing” post-earnings sell-off.
On Monday, the cruise operator CCL reported a narrower-than-expected fiscal second-quarter loss and revenue that more than doubled to a second-quarter record. It also raised its full-year outlook. Stifel Nicolaus analyst Steven Wieczynski responded to Monday’s sell-off by asking in a tongue-in-cheek way whether investors had actually listened to what Carnival was saying.
On cue, the stock jumped 7.5% in afternoon trading Tuesday to recover nearly everything it lost on Monday.The new target made Wieczynski the most bullish on Carnival of the 23 analysts surveyed by FactSet who cover the cruise operator. The target implied about 22% upside from current prices.
مصر أحدث الأخبار, مصر عناوين
Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.
5 things to know before the stock market opens TuesdayHere are the most important news items that investors need to start their trading day.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »