The New York Stock Exchange ended the session with Carnival dropping 4.51% to $17.37 on Friday. The New York Stock Exchange dropped 0.26% to $13827, on what was a somewhat rough trend trading session on Friday.
According to the November 19th article on Bloomberg Quint, “Carnival Borrowing Without Ships Suggests Mnuchin May Be Right.”
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 current quarter and a decline by 91.6% for the next. The company’s growth estimates for the present 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 $17.37 at 08:05 EST, way below its 52-week high of $51.94 and way above 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.
Carnival stock slumps after cancelling more cruises in first part of 2021. According to MarketWatch on Wed Nov 18, “Shares of Carnival Corp”
According to Bloomberg Quint on Thu Nov 19, “Carnival Returns to Bond Market Without Its Ships as Collateral.”