Carnival Corp. stock outperforms market on strong trading day

Carnival Corp. stock outperforms market on strong trading day

Shares of Carnival Corp. CCL, +3.46% rallied 3.46% to $10.47 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, +1.89% rising 1.89% to 3,972.61 and the Dow Jones Industrial Average DJIA, +1.00% rising 1.00% to 33,375.49. The stock’s rise snapped a two-day losing streak. Carnival Corp. closed $13.39 below its 52-week high ($23.86), which the company reached on February 10th.

The stock underperformed when compared to some of its competitors Friday, as Walt Disney Co. DIS, +4.44% rose 4.44% to $103.48 and Royal Caribbean Group RCL, +3.64% rose 3.64% to $62.99. Trading volume (39.8 M) remained 10.1 million below its 50-day average volume of 49.9 M.

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