Carnival: Drifting Along With Shareholders' Returns

Carnival: Drifting Along With Shareholders' Returns

CCL
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Market
Carnival: Drifting Along With Shareholders' Returns

Summary

Carnival Corporation & plc, once a leader in leisure travel, has dramatically declined from its former glory while the s...

Carnival Corporation & plc, once a leader in leisure travel, has dramatically declined from its former glory while the shareholders are silently ripped off through dilution of their stake in the business. The pandemic exposed CCL's vulnerabilities, its dependencies, and its obsolescence in the global economy. Reinvestments in the business will likely remain the main growth driver, attracting customers and enabling the business to expand.