Carnival Survived the Pandemic, but Investors Should Probably Avoid the Stock for This Reason

Carnival Corporation & plc  (logo)Carnival (CCL 0.18%) and its peers have experienced an unprecedented disruption in their businesses.

The 15-month shutdown caused great harm to the cruise industry, and it will likely take years to repair the damage caused by the shutdown.

And when it comes to Carnival specifically, investors need to pay more attention to competition from a source that most will likely overlook. Let’s dive in.

What happened to Carnival’s stock?

As most travel investors know, the rise of COVID-19 and the spread of the virus led to a “no-sail order” from the CDC in March 2020.

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