Carnival Corporation & plc has reached 95% operational capacity and upsized its debt offering to $2.03 billion, showing signs of recovery from previous financial hardships. This comes despite a significant decline in hedge fund interest, which is at an all-time low, down 49% since 2020. Amidst declining investor confidence, the cruise operator has begun to generate positive operating cash flow, indicating a potential turnaround for the company.
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