According to today’s article on Bloomberg Quint, “Carnival Borrowing Without Ships Suggests Mnuchin May Be Right.”

Shares of Carnival dropped 4.45% to $17.38 on Friday. The New York Stock Exchange is dropped 0.2% to $13835.7, on a somewhat rough trend trading session on The New York Stock Exchange.

According to yesterday’s article on Bloomberg Quint, “Carnival Returns to Bond Market Without Its Ships as Collateral.”

Carnival’s last close was $18.19, below its 52-week high of $51.94.

Carnival’s sales growth is a negative 96.3% for the ongoing quarter and a decline by 91.6% for the next. The company’s growth estimates for the ongoing quarter and the next is a negative 404.8% and a negative 845.5%, respectively.

Year-on-year quarterly revenue growth declined by 99.5%, now sitting on 10.34B for the twelve trailing months.

Carnival’s stock is valued at $17.38 at 16:05 EST, way below its 52-week high of $51.94 and way higher than its 52-week low of $7.8.

Carnival’s worth is way above its 50-day moving average of $15.07 and way above its 200-day moving average of $15.67.

According to MarketWatch on Wed Nov 18, “Carnival stock slumps after cancelling more cruises in first part of 2021.”

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