Why Carnival Corp. Rallied Today
Shares of cruise industry leader Carnival Corp. (NYSE: CCL) were rallying today, up 8.2% as of 1:48 p.m. ET.
The cruise line leader reported second-quarter earnings this morning, beating analyst expectations handily and quelling fears that higher interest rates might be crimping demand for cruising.
It appears there's seemingly no stopping the momentum of the cruise industry as consumers seek affordable "revenge travel" voyages left and right.
Source Fool.com
Carnival plc Stock
€15.37
2.100%
With 0 Sell predictions and 1 Buy predictions the community sentiment towards the Carnival plc stock is not clear.
However, we have a potential of -8.88% for Carnival plc as the target price of 14 € is below the current price of 15.37 €.
