Why Carnival Stock Is Cruising Higher Today
In contrast to a sagging S&P 500 index, both of Carnival's (NYSE: CCL)(NYSE: CUK) stocks were on the rise Monday. The pair were each advancing by around 2.5% in late afternoon trading, on the back of encouraging news about the company's sailings.
On Sunday, Carnival happily announced that its first sailing from the Port of Baltimore was to embark later that day. The company's Carnival Pride was scheduled for a seven-day cruise to various ports of call in the Bahamas.
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Source Fool.com
