Is Carnival a Silent Portfolio Killer?

Will Healy, The Motley Fool
·4-min read
Is Carnival a Silent Portfolio Killer?
Is Carnival a Silent Portfolio Killer?

The stock price has fallen by more than 70% from its 52-week high. Also, despite the devastation that COVID-19 has wrought on both the company and the stock, one has to assume that travelers will return to cruising once the pandemic runs its course. Despite holding the largest market share in the industry, Carnival cannot afford to keep its fleet idle forever.