SIX - 2 Fun Stocks Making Waves on Wednesday
Stock markets moved higher on Wednesday, buoyed by positive earnings reports from bellwether stocks that showed signs that the economy might be holding up better than some had feared. The Dow Jones Industrial Average (DJINDICES: ^DJI) and other popular stock indexes were higher by around midday.
2022 has brought new emphasis on stocks in the travel and entertainment industries, as people around the world have sought to break out of their pandemic cocoons and have fun together again. A couple of companies specializing in helping their customers enjoy themselves were in the news Wednesday morning, and although one of them faces ongoing challenges that caused its share price to drop, another gained on outside interest from institutional investors.
Here's why the market is watching Carnival (NYSE: CCL) and Six Flags Entertainment (NYSE: SIX) today and what it means for long-term investors.
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2 Fun Stocks Making Waves on Wednesday