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Why Carnival Corporation Soared 43.3% in February

Royston Yang, The Motley Fool
·2-min read
Why Carnival Corporation Soared 43.3% in February

Shares of Carnival Corporation (NYSE: CCL) (NYSE: CUK) soared 43.3% in February, according to data provided by S&P Global Market Intelligence. Carnival had informed its customers on Feb. 24 that cruises leaving from U.S. ports remained halted through May 31 but offered customers the choice of either a future cruise credit or a full refund. President Joe Biden has also announced that the U.S. will have sufficient vaccines for every adult by the end of May, two months earlier than anticipated.

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