Why Carnival Stock Jumped 17.7% This Week
Earnings and guidance wowed investors.Shares of Carnival Corp. (CCL 0.59%) jumped as much as 17.7% this week after the company reported earnings, according to data provided by S&P Global Market Intelligence. Shares closed the week up 16.5%.The bottom-line bumpCarnival's revenue jumped 17.7% to 0.31 a year ago to $0.11. But the bigger news was guidance. Management now expects 2024 net yields to increase 10.25%, up from guidance for 9.5% given in Mar ...