CCL (Mar 2023) Carnival Corporation & plc

During the Covid-19 pandemic, publicly-traded cruise line companies became meme stocks under the assumption they would stage a sharp comeback in share price. Cruise line companies had the benefit of operating mostly outside of any country's jurisdictions and thus were immune from lockdown orders. They also faced the obstacle of not being able to dock and unload their customers if there was an onboard Covid-19 outbreak. Luxury cruises completely isolated from virus-filled countries may have been appealing to many until they realized they were trapped on a ship with an infected passenger.

Carnival Corporation & plc was one of those cruise line companies which experienced the ups and downs of meme-stock trading during the pandemic. Find our analysis of Carnival Corporation & plc to see how they fared since the pandemic here. Let us know in the comments what you think of the future of the cruise line industry.

Sneak preview:

"Cruise line companies have been riding around the waves of change for a while. From luxury cruises for European aristocrats, to waste streams polluting the water they navigate, to the sinking of the Costa Concordia, entire ships being quarantined due to COVID outbreaks, and the banning of cruise ships in central Venice. Yet publicly traded cruise line companies became meme stocks. One of the hotly followed cruise liner meme stocks was Carnival Corporation (CCL). But with vaccines widely available and country lockdowns over, it might be time for the cruise line industry to return to normal. So, has Carnival recovered from COVID?"