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Company News for June 5, 2024

  • Carnival Corporation & plc (CCL) shares rose 5.8%, following the announcement that the cruise company will integrate P&O Cruises Australia into Carnival Cruise Line.

  • Shares of Core & Main, Inc. (CNM) tumbled 14.5% after reporting first-quarter fiscal 2024 adjusted earnings per share of $0.49, missing the Zacks Consensus Estimate of $0.51 per share.

  • HealthEquity, Inc. (HQY) rose 2.7% after reporting first-quarter adjusted earnings per share of $0.80, surpassing the Zacks Consensus Estimate of $0.66 per share.

  • Cisco Systems, Inc. (CSCO) shares rose 1.7% after the company announced a $1 billion investment in startups, developing "secure and reliable" artificial intelligence services.

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