Carnival Stock Remains Down 60% From Pre-Covid Highs. Is There An Opportunity? | Online Marketing Tools | Scoop.it
Carnival stock (NYSE: CCL), the largest cruise line operator in the U.S., has seen its stock trail the market considerably this year declining by about 15% year-to-date. Moreover, unlike the broader S&P 500 which has actually gained over 35% from the pre-Covid highs seen in mid-February 2020, Carnival stock has lagged considerably, remaining down by about 58% from its pre-Covid levels.