Shares of cruise giant Carnival Corporation & plc (CCL) experienced a slight downturn in late morning trading on Tuesday, April 9th. As of 11:58:06 AM EDT, the stock was trading at $16.65 on the NYSE/Nasdaq.
This price reflects a modest decrease of $0.05, equivalent to a 0.27% dip for the trading session so far. The stock opened the day higher at $16.77 but subsequently eased back from its earlier levels, trading slightly below its previous close of $16.69.
The intraday chart shows CCL reaching a high of $17.63 earlier in the session before pulling back to establish a day’s range between $16.62 and $17.63 up to that point. Trading volume was moderate at just over 15.3 million shares, compared to an average volume of approximately 24.7 million shares.
Investors continue to monitor the performance of Carnival, a bellwether for the travel and leisure industry, which currently holds an intraday market capitalization of around $22.572 billion.