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Why Carnival Corporation's Stock Price Dropped 19.8% in May

TheMotleyFool

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Why Carnival Corporation's Stock Price Dropped 19.8% in May

Carnival Corporation (NYSE: CCL) saw its stock price sink 19.8% in May, according to S&P Global Market Intelligence.

The cruise line trailed the S&P 500, which was up 0.2% in May, and the Nasdaq Composite, which dropped 1.9% last month. Carnival is down about 32% year to date, trading at around $13 per share.

Source Fool.com

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