$CCL: Carnival shares shed 23% on ballooning costs, dragging cruise stocks lower

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From July 2022 on this board

Barron's: Avoid Cruise Ship Stocks

Barron’s headline: Now’s Not the Time to Bottom-Fish Cruise Operator Stocks. Here’s Why. By Lawrence C. StraussFollow July 1, 2022 11:00 am ET https://archive.ph/tU6TX#selection-975.0-1061.610 Shares of Carnival CCL +1.97% , the world’s largest cruise operator, plunged 14% on Wednesday after a bearish research note by Morgan Stanley predicted the stock could fall to $0 in a worst-case scenario. That’s not a typo. Rivals sank, too. Shares of Royal Caribbean Group RCL +1.09% (RCL) slid 10% th…