Carnival Falls, CarMax Drops, Constellation Lower
April 10, 2025
136
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3:20Carnival Falls, CarMax Drops, Constellation Lower on Tariffs | Stock Movers
3:25Now PlayingCarnival Falls, CarMax Drops, Constellation Lower
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as posted by the channelGet more equity coverage like this on the Stock Movers podcast from Bloomberg, featuring fiveminute episodes on the winners and losers in the stock market. Subscribe here
- Carnival (CCL) shares fall after it is upgraded to equal-weight from underweight at Morgan Stanley, with analysts saying that a lot of the bad news seems to be priced into cruise stocks given share-price declines.
- CarMax (KMX) shares fall after it removed timelines from its financial goals due to uncertainty around President Donald Trump's trade war and broader macro factors. The company reported worse-than-expected fourth-quarter results, causing its shares to drop 15% after the markets opened in New York.
- Constellation Brands (STZ) shares are lower after the company issued downbeat guidance due to new US tariffs and muted demand, expecting earnings of $12.33 to $12.63 per share in the 2026 fiscal year.
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