Carnival Falls, CarMax Drops, Constellation Lower on Tariffs
On this episode of Stock Movers:- 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.See omnystudio.com/listener for privacy information.