Carnival Shares Up 8% for the Week With Weekend Risks Ahead
Carnival shares closed Friday at $28.06, up 8% for the week, as cruise stocks rallied with the S&P 500’s ninth straight weekly gain. The company disclosed a cyber breach in April exposing sensitive data and began alerting affected individuals. Carnival declared a $0.15 dividend, posted $6.2 billion in revenue and $0.19 EPS last quarter, and said 2026 bookings rose double digits. Analysts’ average target is $34.01.