Ever since the pandemic broke out, Carnival (NYSE: CCL) has been one of the top battleground stocks on the market.

The world's biggest cruise line got hit arguably harder than any other stock as cruises were shut down for the better part of the year, and subsequent COVID-19 variants delayed recovery in the industry.

However, the pandemic finally seems to be in the rearview mirror now. The U.S. declared an end to the health emergency last month, and even China has lifted its "zero COVID" policy. That's good news for Carnival, and the stock recently touched a 52-week high in response to strong demand and the normalization of the business. 

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Source Fool.com