Why Carnival Shares Are Falling Today


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


Carnival Corp (NYSE:CCL) shares are trading lower by 3.92% to $10.42. Wells Fargo maintained an Underweight rating on the stock and lowered its price target from $21 to $13. Stifel lowered its price target on the stock from $30 to $20.

Carnival shares traded higher during Friday's trading session after the company provided a second-quarter business update. Revenue increased by nearly 50% in Q2 of 2022 compared to the first-quarter 2022. Occupancy in second-quarter 2022 was 69%, an increase from 54% in the prior quarter.

See Also: Why Axsome Therapeutics Stock Is Soaring Today

Carnival is the largest global cruise company.

According to data from Benzinga Pro, Carnival has a 52-week high of $28.54 and a 52-week low of $8.70.


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


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