Why Carnival Cruise Line Stock Fell Today

Carnival (NYSE: CCL) stock attempted to rise above the market on Monday but came up short. The cruise line operator's shares jumped 2% in early trading before falling to a 3% decline by 3 p.m. ET on a down day for the S&P 500.

The slump was mostly due to that wider market drop, but Carnival also issued an important update spelling out its plans for resuming full operations.

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Source Fool.com