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Stock impact report

15 Best Cruise Lines in the US [Yahoo! Finance]

Carnival Corporation (CCL) 
Last carnival corporation earnings: 4/3 12:51 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Prior to the pandemic, cruise ships were one of the most desirable avenues for entertainment, leisure, and luxury. Each year, cruise lines would dispatch hundreds of ships, each packed with hundreds or thousands of travelers, sailing into the seven seas for weeks at a time. However, come 2020, the allure of clinking glasses and poolside sunbathing dissipated into thin air as these luxury watercrafts became hotspots for COVID-19 infestation. Cruise lines were some of the first companies to experience a financial fallout in the wake of the pandemic. During the first quarter of 2020, Carnival Corporation & PLC's (NYSE: CCL ) stock dropped by a staggering 75%. Furthermore, in addition to Carnival Corporation, major cruise companies such as the Royal Caribbean Cruises (NYSE: RCL ) and Norwegian Cruise Line Holdings (NYSE: NCLH ) were left high and dry when the US Government's $2 trillion package failed to provide relief to companies “organized outside the US”. Consequently, during the f Show less Read more
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