Weekly Roundup: Equinix Shares Rebound, Royal Caribbean Hits Record, Enphase's Strong Week
On this episode of Stock Movers:
- Equinix (EQIX) shares ended the week higher after seeing two days of consecutive losses. It was the second-best performing stock in the S&P 500 on Friday, following shares falling nearly 20% in the previous two trading sessions.
- Royal Caribbean (RCL) shares ended the week higher, driven by Carnival Cruise, which raised its guidance for the second time this year. Carnival CEO Josh Weinstein told analysts in the earnings call that he sees no signs that demand in the travel sector will slow.
- Enphase Energy (ENPH) shares, along with other US solar companies saw their shares rise as investors keep close tabs on how the clean energy industry could be impacted by regulatory changes as President Donald Trump's tax bill makes its way through Congress.
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