Carnival Corporation (CCL) Dips 5.17%

Carnival Corporation (CCL) Dips 5.17%

Carnival Corporation is a Carnival is the largest global cruise company, set to deploy 88 ships on the seas once cruising fully resumes after the pandemic.

Among the S&P 500’s biggest fallers on Tuesday March 16 was Carnival Corporation (CCL). The stock experienced a 5.17% decline to $28.25 with 50.53 million shares changing hands.

Carnival Corporation started at an opening price of 29.95 and hit a high of $29.98 and a low of $27.85. Ultimately, the stock took a hit and finished the day at $1.54 per share. Carnival Corporation trades an average of n/a shares a day out of a total 1.16 billion shares outstanding. The current moving averages are a 50-day SMA of $n/a and a 200-day SMA of $n/a. Carnival Corporation hit a high of $30.13 and a low of $7.81 over the last year.

Carnival is the largest global cruise company, set to deploy 88 ships on the seas once cruising fully resumes after the pandemic. Its portfolio of brands includes Carnival Cruise Lines, Holland America, Princess Cruises, and Seabourn in North America; P&O Cruises and Cunard Line in the United Kingdom; Aida in Germany; Costa Cruises in Southern Europe; and P&O Cruises in Australia. Carnival also owns Holland America Princess Alaska Tours in Alaska and the Canadian Yukon. Carnival’s brands attracted about 13 million guests in 2019, prior to COVID-19.

With its headquarters located in Miami, FL, Carnival Corporation employs 70,000 people. After today’s trading, the company’s market cap has fallen to $32.68 billion, a P/S of n/a, a P/B of 1.59, and a P/FCF of n/a.

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