What is Carnival?
Carnival Corporation & plc is a British-American cruise operator, currently the world's largest travel leisure company, with a combined fleet of over 100 vessels across 10 cruise-line brands. A dual-listed company, Carnival is composed of two companies, Panama -incorporated US-headquartered Carnival Corporation and UK-based Carnival plc, which function as one entity. Carnival Corporation is listed on the New York stock exchange and Carnival plc is listed on the London stock exchange. Carnival is listed in both the S&P500 and FTSE250 indices.
As of 2021 March 08, Monday current price of CCL stock is 26.090$.Carnival Corporation finds support from accumulated volume at $25.97 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.The cruise industry was among the businesses that were hardest hit by the health crisis. While most industries are finally beginning to claw their way back to normal in early 2021, Carnival just announced that it is extending its shutdown of all cruises until at least June 1.