Carnival Stock Price Prediction: CCL Stock Price Gives All The Bullish Sign To Head For $20

Carnival Stock Price Prediction: CCL Stock Price Gives All The Bullish Sign To Head For $20

Carnival stock price has seen a fall of more than 62% due to the pandemic and is currently on an upside path
Technical indicators are currently favoring a strong upside trend. It is currently trading near $9.68
Carnival Corporation(CCL) is a global cruise company that operates a portfolio of leading cruise lines.The company operates a diverse fleet of cruise ships, including the brands Carnival Cruise Line, Holland America Line, Princess Cruises, and Seabourn. Additionally, Carnival Corporation has a strategic partnership with Costa Crociere, which allows the company to expand its reach into the European market.Carnival has been hit hard by the COVID-19 pandemic as it halted all cruises operation globally in 2020,and it still facing some restriction due to safety measures. As a result, the company’s revenue has decreased significantly. However, the company has announced plans to resume cruises in a phased manner, as the situation improves and it has also implemented various measures

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