Why Is Everyone Talking About Carnival Stock Right Now?

By Parkev Tatevosian, CFA – Jul 9, 2023 at 6:30AM

NYSE: CCL

Carnival Corp.

Market Cap

$18B

Today's Change

(0.90%) $0.13

Current Price

$14.56

Price as of May 13, 2024, 4:00 p.m. ET

The cruise ship operator is benefiting from pent-up consumer demand.

Fool.com contributor Parkev Tatevosian discusses why everyone is jumping on the Carnival Cruise (CCL 0.90%) bandwagon right now.

*Stock prices used were the afternoon prices of July 6, 2023. The video was published on July 8, 2023.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool recommends Carnival Corp. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.