If You'd Invested $10,000 in Carnival 4 Years Ago, Here's How Much You'd Have Today
(NYSE: CCL) (NYSE: CUK) navigated stormy seas in the earliest days of the pandemic. 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.
Source Fool.com
Carnival plc Stock
€12.66
0.240%
The community is currently still undecided about Carnival plc with 1 Buy predictions and 0 Sell predictions.
With a target price of 13 € there is a slightly positive potential of 2.73% for Carnival plc compared to the current price of 12.66 €.
