Why Is Carnival (CCL) Down 7.1% Since Last Earnings Report?

A month has gone by since the last earnings report for Carnival (CCL) . Shares have lost about 7.1% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Carnival due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Carnival Q1 Earnings Surpass Estimates, Increase Y/YCarni ...