A growing list of executives are leaving their companies as stock performance lags. As of May, 100 U.S. public company CEOs have left their posts. Read More...
Barrons.com
Carnival Stock Could Fall to $0 in a Worst-Case Scenario, Analyst Says
Carnival stock was tumbling Wednesday after Morgan Stanley cut its price target to a Wall Street-low, saying it sees the case for a stock wipeout. Morgan Stanley analysts slashed their base case price target to $7, according to Bloomberg, and maintained an Underweight rating on the stock. In a worst, or “bear case” scenario, Carnival’s (ticker: CCL ) price could reach zero, they added.
Add Comment