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Why Carnival Stock Was Climbing Higher Today

TheMotleyFool

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Why Carnival Stock Was Climbing Higher TodayPhoto, wide shot, wide-angle lens, Retail store, neutral atmosphere, photo by Joe Cornish: https://img.theapi.app/temp/5574eb69-dc38-42f3-aadd-6163ac8bd4a8.png

Shares of Carnival (NYSE: CCL) were cruising higher for the second day in a row as investors continued to spy a buying opportunity after the earnings-related sell-off on Monday.

Today, a bullish analyst note from Citigroup seemed to be the catalyst for the continuing gains in the travel stock.

As of 1:44 p.m. ET, the stock was up 8.5%.

Source Fool.com