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Cruise Stock Pivots Lower Despite Top-Line Beat
Carnival Carnival (US:CCL) Schaeffers Investment Research·2025-09-29 15:00

CCL tested five-year highs out of the gate, but has since moved sharply lowerCarnival Corp (NYSE:CCL) stock is down 3.3% to trade at 29.47thismorning,evenafterthecruisecompanyreportedfiscalthird−quarterearnings thatexceededestimates.Carnivalevenraiseditsannualprofitforecast,butCCLhasnonethelesspivotedintotheredaftertradingashighas29.47 this morning, even after the cruise company reported fiscal third-quarter earnings that exceeded estimates. Carnival even raised its annual profit forecast, but CCL has nonetheless pivoted into the red after trading as high as 32.49 out of the gate this morning. Sector peers Royal Caribbean Cruises (RCL) and Norwegian Cruise Line (NCLH) are both lower today as well. Th ...