Why Carnival Corporation Stock Just Sank
It's finally happened. On Tuesday, August 25, Carnival Corporation (NYSE: CCL) became the first major publicly traded cruise line stock to announce a delay in sailing until 2021.
Not all of Carnival, mind you. For now, only Carnival's Cunard luxury cruise line brand will be pushing cruises into the new year, but even that partial pushback is enough to have all of Carnival stock trading 3.3% lower today, as of 1:25 p.m. EDT.
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Source Fool.com