CCL Stock – Carnival Corp. stock underperforms Wednesday when compared to competitors despite daily gains
Shares of Carnival Corp.
inched 0.43% higher to $27.94 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average
rising 0.16% to 33,730.89 and the S&P 500 Index
falling 0.41% to 4,124.66. This was the stock’s second consecutive day of gains. Carnival Corp. closed $2.69 below its 52-week high ($30.63), which the company achieved on April 7th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Marriott International Inc.
rose 0.52% to $149.59, Royal Caribbean Group
remained unchanged, and Carnival PLC ADR
rose 1.45% to $23.83. Trading volume (23.1 M) remained 22.1 million below its 50-day average volume of 45.2 M.