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Carnival Stock Is Down 85% From Its High. Time to Buy?

Carnival Stock Is Down 85% From Its High. Time to Buy?

Carnival (NYSE: CCL) has become one of the more intriguing stocks of the 2020s. The pandemic left the company without significant revenue for more than one year, leading to pain for the company and significant volatility for Carnival stock. The question for investors now is whether that lower stock price signals a buying opportunity or a sign to continue avoiding Carnival stock.