If You'd Invested $10,000 in Carnival 4 Years Ago, Here's How Much You'd Have Today [Yahoo! Finance]
Carnival Corporation (CCL)
Last carnival corporation earnings: 4/3 12:51 pm
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Source: Yahoo! Finance
The world's biggest cruise company was forced to halt sailings, and that resulted in profit plunging and debt swelling to record levels. However, once Carnival's ships returned to the seas, the company did all it could to supercharge recovery, from focusing on fuel efficiency to spurring more onboard spending by guests -- and the efforts worked. Since then, Carnival has made great progress on its plan to reduce debt and return to profitability. But has that been reflected in the share price? Let's see how much you would have today if you'd invested $10,000 in Carnival four years ago. A stock in the doldrums If you'd invested that amount in Carnival in April 2020, a time when the shares were in the doldrums, your investment would be worth $12,600 today. That might not seem like a tremendous gain, but it's a good start, considering the difficult economy in recent times. Last year's high-interest-rate environment made investors reticent about betting on companies with high debt
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CCL
Earnings
- 3/27/24 - Beat
CCL
Sec Filings
- 4/10/24 - Form 4
- 4/10/24 - Form 4
- 4/10/24 - Form 4
- CCL's page on the SEC website