Why Carnival Corporation Stock Dropped Again
Carnival Corporation (NYSE: CCL) stock had a good session yesterday, rising along with the rest of the cruise line industry and ending 5.5% higher on hopes that a new anti-COVID-19 pill, monoclonal antibody treatments, and a third round of booster shots from Pfizer might be enough to put the coronavirus pandemic to bed.
Today, however, Carnival stock is trending lower again -- down 2% as of 11:15 a.m. ET -- as are both of its publicly traded peers.
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Source Fool.com