4 Stocks That Moved the Market in June
June was a good month for stocks, but some industries fared better than others. By digging into some of last month's biggest movers, we can figure out which trends are driving the stock market right now. This is a great way to set expectations for the next quarter and set up your stock portfolio for success moving forward.
(NYSE: CCL) shares surged nearly 70% in June. The stock climbed steadily early in the month thanks to multiple analyst upgrades and momentum across the travel sector.
Carnival reported quarterly earnings on June 26th, and the results were mixed. The company achieved strong bookings and record revenue, and it notched positive operating profits for the first time since 2019. It also produced positive free cash flow while paying down debt.
Source Fool.com
Carnival plc Stock
The community is currently still undecided about Carnival plc with 1 Buy predictions and 0 Sell predictions.
On the other hand, the target price of 13 € is below the current price of 13.23 € for Carnival plc, so the potential is actually -1.74%.