Carnival Stock: On The Path to Pre-COVID Recovery?

Reported 1 day ago

Carnival's stock has seen a remarkable 222% increase over the past three years, as the cruise line rebounds from pandemic-related shutdowns. The company achieved record revenue and customer deposits in the second quarter of fiscal 2025, signaling strong growth. However, shares still need to rise 110% to return to their pre-COVID high, indicating a challenging journey ahead despite positive momentum and an improving financial outlook.

Source: YAHOO

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