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Debt is a huge problem for Carnival.
Carnival's (CCL -0.13%) reservations may be back, but the business is still going to struggle to pay down debt as interest rates rise. In this video, Travis Hoium covers the company's comeback and what's changed since 2019.
*Stock prices used were end-of-day prices of June 16, 2023. The video was published on June 19, 2023.
Travis Hoium has no position in any of the stocks mentioned. The Motley Fool recommends Carnival Corp. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
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