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CCL / Carnival results beat expectations as demand keeps accelerating, but stock pulls back

Carnival results beat expectations as demand keeps accelerating, but stock pulls back
Carnival Corp. CCL, -9.11% reported fiscal second-quarter results that beat expectations and provided an upbeat outlook, but the cruise operator's shares dropped 8.6% in morning trading Monday after being headed for the biggest monthly gain in more than two years. Net losses for the quarter to May 31 narrowed to $407 million, or 32 cents a share, from $1.83 billion, or $1.61 a share, in the year-ago period. Read More
Posted: Jun 26 2023, 09:31
Author Name: Market Watch
Views: 110735

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By Reuters
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1 Growth Stock Down 38% to Buy Right Now

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