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Why Carnival Stock Jumped 12% in September
CCLCarnival (CCL) The Motley Fool·2024-10-07 13:11

Lower interest rates will positively affect it.Carnival Corp. (CCL 3.92%) (CUK 4.47%) stock gained 12% in September according to data provided by S&P Global Market Intelligence. Investors are getting more excited about its potential in a lower interest rate environment.A once-in-a-lifetime experienceCarnival is the world's largest cruise operator, and it was a strong market-beating stock before the pandemic. It has made incredible progress in its rebound, but there are some obstacles to overcome.Revenue and ...