Topline Shares of major cruise lines widely tanked on Thursday after Carnival announced a $1 billion stock sale—its second capital raise in recent months—in order to to pay down debt, as the cruise in...
Tag: cruise stocks
Carnival Shares Plunge Nearly 15% As Morgan Stanley Warns Of Potential Stock Wipeout
Topline Cruise stocks tanked on Wednesday after yet another major Wall Street firm warned that weak demand and higher costs could sink industry profits and lead to another demand shock, with Morgan St...
Dow Jumps 800 Points, Stocks Snap Three-Week Losing Streak After Inflation Expectations Ease
Topline The stock market rebounded strongly on Friday, posting its first positive week this month as recession fears subsided somewhat thanks to positive economic data suggesting that inflation may ha...