Carnival Corporation Stock News

Amid a rising number of COVID-19 cases, Brazilian cities Rio de Janeiro and Sao Paulo announced that their Carnival parades would be postponed until April, Reuters reported."Unfortunately we do not have the sanitary conditions to hold Carnival on

Cruises are getting canceled -- and interest rates are going up.

NEW YORK , Jan. 14, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for MGM, GE, CCL, T, and MRNA. Full story available on Benzinga.com

The CDC''s Conditional Sail Order is sailing softly into the night.

By almost any standard the overall stock market is very expensive right now. But the economy looks like it can still grow in the first half of 2022, and potentially longer than that.

Today, investor-favorite cruise stocks like Carnival, Norwegian and Royal Caribbean are all moving dramatically higher. Here''s why.

One analyst seemingly goes all in on cruise lines for 2022.

Omicron Chaos Forces Norwegian Cruise Line To Cancel Sailings Until April Every cruise ship sailing with passengers in U.S. waters has reports of COVID-19 infections, prompting some cruise ship operators to cancel sails as far out as April. The number of cruise ships with infections has dramatically increased over recent weeks as the Omicron variant spreads like wildfire throughout the U.S. The U.S. Centers for Disease Control and Prevention (CDC) has flagged 92 cruise ships with infections this week. Last week, the CDC raised the COVID-19 Travel Health Notice level for cruise ships from Level 3 to Level 4, the highest level , amid soaring infections. Health officials warned Americans to avoid traveling on cruise ships at all costs. "The virus that causes COVID-19 spreads easily between people in close quarters on board ships, and the chance of getting COVID-19 on cruise ships is very high, even if you are fully vaccinated and have received a COVID-19 vaccine booster dose," the agency warned.

Royal Caribbean Shares Fall After Hindenburg Research Discloses Short Position Shares of Royal Caribbean are under pressure after noted short-seller Hindenburg Research announced in a series of Tweets that it was shorting the cruise line. In a series of tweets, Hindenburg said that RCL was one of the most dislocated re-opening stocks on the market today and said that the outlook for the cruise industry "is far more grim than other hospitality and leisure" industries. Hindenburg pointed out the company''s ballooning liabilities and share count, saying the company''s current debt would be "extremely difficult to service, almost necessitating extensive dilution of existing shareholders". The firm also pointed to increased fuel costs, vaccination mandates and the CDC''s Conditional Sailing Order as headwinds. We are short $RCL , which we believe to be one of the most dislocated re-opening stocks on the market today. The outlook for $RCL and the cruise industry is far more grim than other hospitality and leisure post-Covid stories. Hindenburg Research (@HindenburgRes) January 6, 2022 As far as low hanging fruit for short sellers as part of the post-Covid re-open trade, Royal Caribbean may be at the top of the list since it returned 3% in 2021, while Carnival and Norwegian Cruise Line Holdings fell 7.1% ad 18% respectively, according to Bloomberg.

Futures Steady After Fed-Inspired Rout As Tech, Bitcoin Slide Continues US equity futures were little changed after earlier swings as traders digested hawkish Fed minutes that sparked a global stock rout on Wednesday. As discussed yesterday, minutes from the Feds December meeting showed a growing preference for a faster path of rate hikes and a shrinking of the banks balance sheet (one which would lead to yet another market crash and even more stimulus). However, while rising rates is terrible news for tech and high duration names, it''s good news for the value sector, and investors bet while the Fed''s faster-than-expected policy tightening (which will lead to faster than expected easing) may crimp highly valued technology stocks it will offer opportunities in other equity sectors, and sure enough with Nasdaq futures bombing again, energy names like Exxon are at 2 year highs. Treasury yields extended a spike, with the 10Y rising to 1.75%, the dollar was unchanged and bitcoin''s plunge continued even though the selling in stocks has subsided.

These three entertainment stocks underperformed in 2021, but are poised to lead the way this year and beyond.

The cruise operator has all its ducks in a row despite missing Wall Street's estimates.

Hartford Investment Management Co. cut its stake in Carnival Co. & plc (NYSE:CCL) by 11.4% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 74,453 shares of the company’s stock after selling 9,620 shares during the period. Hartford Investment Management Co.’s […]

Good morning, it''s Paul here with the SCVR for Christmas Eve.Preamble from PaulWe''re hearing increasingly positive news on covid, and I hope readers have taken advantage of the relief rally this week. It''s certainly straightened out (partially) some of the problems in my portfolio. Also, as mentioned in Mon amp; Tues SCVRs, I''ve been buying this dip on the basis that reliable data from South Africa seemed to be pointing towards omicron being less deadly than delta. Rather than being a Santa rally, the surge in some shares this week looks more like a relief rally re omicron, judging from travel amp; hospitality shares which seem to have rallied particularly well. I nipped in at the opening bell on Tuesday, and bought some Carnival (LON:CCL) and Jet2 (LON:JET2) both of which I think are good companies. Plus of course Saga (LON:SAGA) (I hold) has bounced strongly. Even Boohoo (LON:BOO) (I hold) has come off the recent lows, and I''ve doubled my position size there this week, despite sitting on running losses which would have paid for a nice 4/5 bedroom house in a pleasant area down South.