Carnival Corporation & plc reported its busiest booking week ever from March 28 to April 3, driving shares up nearly 3% and indicating a strong rebound in leisure travel demand. This record-breaking surge, which showed a double-digit increase from the previous record week, arrives as Carnival aims to have all 94 ships back in service by June. Despite significant pandemic losses, with a reported $4 billion cash operational deficit last year, analysts remain optimistic, with 16 out of 25 rating Carnival stock as a buy or strong buy. The leadership transition to CEO Josh Weinstein also signals a renewed effort to navigate the company back to profitability.
“Carnival Corporation & plc (NYSE:CCL) · reported that the week between March 28 and April 3 was · the busiest booking week in the history of the firm”