Carnival Shares Climb as Falling Oil Prices and Strong Q1 Results Reignite Investor Interest
Carnival Corporation shares rose sharply in mid-day trading, supported by lower crude oil prices amid progress in U.S.-Iran diplomatic talks and a string of company-specific positives including record first-quarter revenue, higher net income, raised EBITDA guidance, and new capital returns. Investors are re-pricing the stock in light of Carnival’s …