CCL (Mar 2023) Carnival Corporation & plc

Cruise line companies have been riding around the waves of change for a while. From luxury cruises for European aristocrats, to waste streams polluting the water they navigate, to the sinking of the Costa Concordia, entire ships being quarantined due to COVID outbreaks, and the banning of cruise ships in central Venice. Yet publicly traded cruise line companies became meme stocks. One of the hotly followed cruise liner meme stocks was Carnival Corporation (CCL). But with vaccines widely available and country lockdowns over, it might be time for the cruise line industry to return to normal. So, has Carnival recovered from COVID?