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Carnival’s stock takes a dive after plans for stock offering, increased ship disposals

Deedra Mcgillivray 2 years ago

Shares of Carnival Corp. dropped Tuesday, helping drag down its peers’ stocks, after the cruise operator disclosed plans for a $1 billion stock offering and for accelerated capacity reductions, as it deals with the negative effects of the COVID-19 pandemic on its operations. The company also said it swung to […]

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