Carnival Corp. Stock Slips 5.5%, Underperforms Competitors

Dow Jones
02-22

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Carnival Corp. slid 5.5% to $23.22 on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.7% to 6,013.13 and Dow Jones Industrial Average falling 1.7% to 43,428.02.

This was the stock's second consecutive day of losses.

Carnival Corp. closed 19.2% below its 52-week high of $28.72, which the company reached on January 31st.

The stock underperformed when compared to some of its competitors, as Walt Disney Co. fell 1.7% to $108.66, Royal Caribbean Group fell 3.9% to $234.26.

Trading volume totaled 31.1 million, compared to the 50-day average of 20.2 million.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

February 21, 2025 16:35 ET (21:35 GMT)

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