Carnival Corp. stock falls Thursday, underperforms market

Carnival Corp. stock falls Thursday, underperforms market

Shares of Carnival Corp. CCL, -3.82% slipped 3.82% to $22.42 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX, -2.12% falling 2.12% to 4,380.26 and Dow Jones Industrial Average DJIA, -1.78% falling 1.78% to 34,312.03. The stock’s fall snapped a two-day winning streak. Carnival Corp. closed $9.10 short of its 52-week high ($31.52), which the company achieved on June 8th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Marriott International Inc. MAR, -2.78% fell 2.78% to $178.17, Royal Caribbean Group RCL, -2.21% fell 2.21% to $85.14, and Carnival PLC ADR CUK, -3.98% fell 3.98% to $20.76. Trading volume (25.2 M) remained 15.7 million below its 50-day average volume of 40.9 M.

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