Why Carnival Stock Lost 15% in July

Carnival (NYSE: CCL) shareholders missed a big rally last month. Their stock fell 15% compared to a 5.5% increase in the S&P 500 in July, according to data provided by S&P Global Market Intelligence.

The cruise ship giant's shares are down by more than 70% so far in 2020 compared to a modest uptick in the broader market.

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Source Fool.com