Carnival Shares Drop 8% As Geopolitics, Oil Prices Bite

Carnival Corp (NYSE:CCL) shares are trading lower Monday afternoon as traders punished cruise operators after coordinated U.S. and Israel strikes on Iran targets sharpened geopolitical and fuel risk. Here’s what investors need to know.Carnival stock is taking a hit today. What’s pressuring CCL stock?Carnival Leads Cruise Stocks Lower MondayThat weakness came even as the Nasdaq-100 and S&P 500 traded higher and defense and energy names rallied alongside a roughly 5% jump in crude oil. Monday’s selloff leaves ...