These 5 Stocks Are Getting Crushed Today

4. Carnival Corporation & plc (NYSE:CCL) has plummeted 4.83% as of 1:16 PM ET after the target price for the British-American cruise operator was reduced from $17 to $13 by Jamie Rollo at Morgan Stanley. The analyst maintained an Underweight rating on Carnival Corporation & plc (NYSE:CCL) stock. The company has added a significant amount of debt on its balance sheet and has also issued new shares, diluting the long-term prospects for shareholders. On the brighter side, Carnival Corporation & plc (NYSE:CCL) has announced the return of its ultra-luxury ship Seabourn for the first time since March 2020.

Of the 912 hedge funds in Insider Monkey’s database, 32 funds held a stake in Carnival Corporation & plc (NYSE:CCL).