Why Is Everyone Talking About Carnival Stock?

Almost no company was hit harder by the coronavirus pandemic than Carnival (NYSE: CCL), the world's biggest cruise line operator. Unable to facilitate social distancing and dependent on global travel and leisure, cruise lines have essentially shut down during the crisis. The CDC has issued a conditional sail order that has effectively banned cruises in the U.S., and Carnival said in February that it would suspend U.S. sailings at least through May. Meanwhile, the broader prohibitions in international travel have also made it difficult to get cruises up and running again elsewhere.