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Shares of Carnival Corp. (CCL) tumbled 13.71% to $9.63 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.83% to 3,958.79 and Dow Jones Industrial Average falling 0.12% to 33,553.83. The stock's fall snapped a four-day winning streak. Carnival Corp. closed $14.23 below its 52-week high ($23.86), which the company achieved on February 10th.
The stock underperformed when compared to some of its competitors Wednesday, as Marriott International Inc. (MAR) fell 0.11% to $161.60, Royal Caribbean Group (RCL) fell 0.89% to $60.14, and Carnival PLC ADR (CCL.LN) fell 13.65% to $8.67. Trading volume (122.2 M) eclipsed its 50-day average volume of 67.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 16, 2022.
(END) Dow Jones Newswires
November 16, 2022 16:43 ET (21:43 GMT)
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