Published on 20 Jan 2022 on InvestorPlace via Yahoo Finance
CDC’s Blunt Warning Should Raise Final Sell Flags on Carnival Stock
Cruise operator stocks have recovered well in the past month despite the CDC’s blunt warning to ocean travelers. Shares of cruise line giant Carnival Corporation (NYSE:CCL) are up 5.47% into January, despite the pandemic’s crushing headwinds. However, with omicron on the rise, CCL stockholders may not be in for a calm journey, particularly considering that the company’s debt load may cripple long-term expansion.
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