3 Reasons to Sell Carnival Corporation Stock

Trading at just under $16 at the time of writing, Carnival Corporation (NYSE: CCL) is significantly below its 52-week high of $51.94. And while the stock might look like an affordable way to bet on a cruise industry recovery, its risks outweigh potential rewards right now. Here are three reasons to consider selling the stock. 

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COVID-19 infections are resurging in many parts of the U.S. as states ease restrictions and normalize their economies. According to data from the CDC, America's daily infection rate is trending upward, with 53,000 new cases reported on Oct. 7. 

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Source Fool.com