Carnival Stock Extends Sell-Off As Norwegian Outlook Pressures Sector

Benzinga03-04 02:05

Carnival Corp (NYSE:CCL) shares are extending the recent sell-off Tuesday afternoon, with shares trading lower again as investors stayed on edge over escalating conflict in the Middle East and ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2616737385?lang=en_US&edition=fundamental","thumbnail":"https://cdn.benzinga.com/files/images/story/2026/03/03/Carniva-site-Photo-5.jpeg?optimize=medium&dpr=2&auto=webp&width=260","is_english":true,"pubTime":"2026-03-04 02:05","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2616737385","market":"hk","top_or_hot":-1,"title":"Carnival Stock Extends Sell-Off As Norwegian Outlook Pressures Sector","media":"Benzinga","content":"<div>\n<p>Carnival Corp (NYSE:CCL) shares are extending the recent sell-off Tuesday afternoon, with shares trading lower again as investors stayed on edge over escalating conflict in the Middle East and ...</p>\n\n<a href=\"https://www.benzinga.com/trading-ideas/movers/26/03/51010846/carnival-stock-extends-sell-off-as-norwegian-outlook-pressures-sector\">Source Link</a>\n\n</div>\n","source":"benzinga_hot_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Carnival Stock Extends Sell-Off As Norwegian Outlook Pressures Sector</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCarnival Stock Extends Sell-Off As Norwegian Outlook Pressures Sector\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-03-04 02:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/trading-ideas/movers/26/03/51010846/carnival-stock-extends-sell-off-as-norwegian-outlook-pressures-sector><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Carnival Corp (NYSE:CCL) shares are extending the recent sell-off Tuesday afternoon, with shares trading lower again as investors stayed on edge over escalating conflict in the Middle East and ...</p>\n\n<a href=\"https://www.benzinga.com/trading-ideas/movers/26/03/51010846/carnival-stock-extends-sell-off-as-norwegian-outlook-pressures-sector\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4517","symbol_name":"邮轮概念","start_time":0,"source_url":"https://www.benzinga.com/trading-ideas/movers/26/03/51010846/carnival-stock-extends-sell-off-as-norwegian-outlook-pressures-sector","article_id":"2616737385","we_media_id":null,"thumbnails":["https://cdn.benzinga.com/files/images/story/2026/03/03/Carniva-site-Photo-5.jpeg?optimize=medium&dpr=2&auto=webp&width=260"],"rights":{"source":"benzinga_hot_news","url":"https://www.benzinga.com/trading-ideas/movers/26/03/51010846/carnival-stock-extends-sell-off-as-norwegian-outlook-pressures-sector","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2616737385","pubTimestamp":1772561100,"columns":[],"sourceInfo":{"source_id":"benzinga_hot_news","name":"Benzinga"},"weMediaInfo":null,"summary":"Carnival shares are extending the recent sell-off Tuesday afternoon, with shares trading lower again as investors stayed on edge over escalating conflict in the Middle East and potential fuel and security cost pressures.","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4517":"邮轮概念","CCL":"嘉年华邮轮","BK4588":"碎股","BK4547":"WSB热门概念","BK4142":"酒店、度假村与豪华游轮","BK4585":"ETF&股票定投概念","NCLH":"挪威邮轮"},"translate_title":"由于挪威前景给该行业带来压力，嘉年华股票延续抛售","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NCLH":1,"CCL":1.5},"content_text":"Carnival Corp (NYSE:CCL) shares are extending the recent sell-off Tuesday afternoon, with shares trading lower again as investors stayed on edge over escalating conflict in the Middle East and potential fuel and security cost pressures.\nAdding to the pressure on the group, Norwegian Cruise Line Holdings (NYSE:NCLH) on Monday reported quarterly results and trimmed its full-year outlook, reinforcing concerns about costs and demand normalization across the cruise space. Here’s what investors need to know.\nCarnival stock dropped more than 7% on Monday, one of the steepest declines in the S&P 500, as coordinated U.S. and Israeli strikes on Iranian targets pushed crude oil sharply higher and sent cruise operators broadly lower. \nNorwegian Cruise Line beat expectations on adjusted earnings, posting 28 cents per share versus 26 cents expected, but revenue fell short at $2.244 billion versus $2.347 billion expected.\nThe company also lowered its full-year 2026 adjusted EPS outlook to $2.38, down from $2.45 and below the $2.55 consensus estimate, which weighed on the stock and led some analysts to trim price targets.\nBeyond the immediate hit from higher oil prices and possible itinerary disruptions in the Mediterranean and Gulf, investors are weighing Carnival's still-elevated leverage against record bookings and efficiency gains from newer, more fuel-efficient ships. \nCarnival has traded in a wide range over the past year, hitting a low of $16.43 and a high of $33.99. \nAfter rallying back above its 50-day and 200-day moving averages in February, the stock recently pulled back from the low-$30s, with the shorter-term trend (20-day) starting to roll over.\nCarnival is slated to provide its next financial update on March 20.\nAnalyst Consensus & Recent Actions: The stock carries a Buy Rating with an average price target of $35.95. Recent analyst moves include:\nCCL Price Action: Carnival shares were down 4.22% at $27.92 at the time of publication on Tuesday, according to Benzinga Pro data.\nImage: Courtesy of Carnival\nThis content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.\nTo add Benzinga News as your preferred source on Google, click here.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2616737385","isCrawlerRequest":true}