Q:

How has Carnival Corporation stock historically performed?

A:

Quick Answer

Between 2009 and 2014, Carnival Corporation stocks listed on the New York Stock Exchange soared by 96.14 percent. Carnival Corporation stocks listed on the London Stock Exchange rose by 95.12 percent during the same period.

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Full Answer

Since its initial public offering in 1989, Carnival's stocks on the NYSE have increased in price slowly from $3.9 to $12.20. The stock rocketed to almost $50 per share after 1996, but then plummeted by more than a half of its value to $21 per share in March 2000. Carnival's stocks reached the top again in January 2005 when the stock was worth $57. During the financial crisis between 2008 and 2009, the Carnival's stocks went down rapidly to approximately $20 per share. Carnival's stock price then ranged from $30 to $45 for almost five years.

Carnival's stock reached $50 per share again in June 2015. Carnival Corporation has been listed on the London Stock Exchange since 2000, and its stocks in pounds have performed very similarly to its dollar-denominated stocks.

Carnival’s stock is dually listed on both the NYSE and London Stock Exchange under the symbol CCL. Both stocks are classified as leisure industry stocks. Carnival is also included in both the S&P 500 index in the United States and the FTSE 100 index in the United Kingdom.

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