Down More than 60% From Its Pre-Pandemic Highs, Is Carnival Stock a Steal of a Deal?

Carnival's business has been doing well, so why is the stock still struggling?Carnival (CCL 0.99%) has been generating strong results in recent quarters, but its stock is still nowhere near its levels before the pandemic, when shares were trading above $50. Investors still appear to be hesitant to load up on the stock. After all, if a recession is looming and interest rates don't come down, it could be a tough combination for a travel stock with a high debt load.But are those fears exaggerated? Can the stoc ...