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Carnival Corp (CCL) sees gains investors deserve

Carnival Corp (CCL) currently trades at $9.92 and has grown by 17% today. Carnival has enough liquidity to keep the company afloat through November under a “Zero Sail” scenario outlined by analysts at Wells Fargo Securities. The real news is Saudi Arabia’s sovereign wealth fund recently took an 8.2% stake in the company.

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Based on this information, investorsQ rates this stock 6 out of 10. We give it this rating based on current information written in this article. The high forecast for Carnival Corp is $59.00 and the low is $6.00. Notably, the company’s market cap is $6.63 billion with a 52 week high of $56.04 and a 52 week low of $7.80. CCL has gained up to $1.45 from the previous closing price of $8.50. CCL has changed in price by -42.53 per share in the last 12 months.

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