Why Carnival Stock Gained 13% in December
Carnival (NYSE: CCL) stock beat a booming market last month by gaining 13% compared to a 3% spike in the S&P 500, according to data provided by S&P Global Market Intelligence.
The increase was enough to put the cruise ship giant into positive territory for the year, but shareholders trailed the S&P 500 by a wide margin by posting a flat result compared to the market's 30% rally.
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Source Fool.com