Amid rising interest rates and a tightening credit market, companies with weaker balance sheets are getting squeezed by higher borrowing costs. Royal Caribbean Group (ticker: RCL) is a case in point. ...
Tag: PRTY
Party City stock falls 51% after wider-than-expected loss and sales miss
Party City Holdco Inc. PRTY, -61.41% shares plunged 51.6% in early Monday trading after it reported a wider-than-expected first-quarter loss and a sales miss. Shares were down double digits during pre...