What's Wrong With Carnival Corp Stock?

Despite strong results, Carnival's stock hasn't been able to get anywhere near its pre-pandemic highs.Carnival Corp (CCL +0.39%) is a leading cruise ship company that has benefited from a rise in travel demand in recent years. It has been posting record-setting numbers along the way, and the business looks to be in far better shape than it has in previous years.But for all its progress, the stock's performance continues to be lackluster. This year, shares of Carnival are up just 3%, and its five-year gains ...