Why Carnival Cruise Lines Sank in September
Shares of Carnival Cruise Lines (NYSE: CCL) fell 13.3% in September, according to data from S&P Global Market Intelligence.
The highly indebted cruise line stock fell throughout the month as long-term interest rates rose. But a final drop occurred on the last day of September following the company's third-quarter earnings report.
While Carnival's numbers came in ahead of expectations and demand remains strong, investors focused on rising costs, as well as a potential pushed-out timeline for the company's debt paydown.
Source Fool.com
Carnival plc Aktie
13,42 €
2,05 %
Die Community ist bei Carnival plc noch unentschieden: Nur wenige Einschätzungen.
Die Community prognostiziert für Carnival plc ein Kursziel von 14 €, was einen leichten Anstieg gegenüber 13.42 € darstellt.
