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Carnival Corp CCL

Carnival Corporation is a leisure travel company. The Company’s portfolio of cruise lines, including AIDA Cruises, Carnival Cruise Line, Costa Cruises, Cunard, Holland America Line, P&O Cruises (Australia), P&O Cruises (UK), Princess Cruises and Seabourn. The Company's segment includes North America and Australia (NAA), Europe, Cruise Support and Tour and Other. The NAA Segment include Carnival Cruise Line, Princess Cruises, Holland America Line, P&O Cruises (Australia) and Seabourn. The Europe Segment include Costa Cruises (Costa), AIDA Cruises (AIDA), P&O Cruises (UK) and Cunard. Its Cruise Support segment includes its portfolio of port destinations and other services. Its Tour and Other segment represent the hotel and transportation operations of Holland America Princess Alaska Tours and other operations. Its tour company owns and operates hotels, lodges, glass-domed railcars and motorcoaches which comprise its Tour and Other segment.


NYSE:CCL - Post by User

Post by DeanEdmontonon Oct 18, 2023 11:05am
104 Views
Post# 35689009

$12.03 this Morning. Not Showing Any Signs of Life

$12.03 this Morning. Not Showing Any Signs of LifeThe massive amount of debt the crusie lines took on over the pandemic is still a huge hangover for them. Add to that much higher interest rates, for longer, slowing ocnsumer spending, weak economies across the world and it isn't too hard to see why these cruise stocks are not doing very well. I keep watching them for an entry point but it is starting to look like that is a couple of years away rather than a couple of quarters.

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