Shares of Carnival Corp. surged Wednesday, after the cruise operator was upgraded for the second time in two days, with Susquehanna’s Christopher Stathoulopoulos saying the 2023 Wave booking season was shaping up to be “one for the books.”
Carnival stock CCL climbed 5.9% in afternoon trading, enough to pace the Consumer Discretionary Select Sector exchange-traded fund’s XLY gainers. The ETF’s second-biggest gainer was fellow cruiser Norwegian Cruise Lind Holdings Ltd.’s stock NCLH, which hiked up 5.1%.
Stathoulopoulos…
