Carnival Corp. stock falls Wednesday, underperforms market

Shares of Carnival Corp. CCL,
-3.98%
fell 3.98% to $8.69 on Wednesday in what turned out to be an overall gloomy trading session for the stock market, with the S&P 500 Index SPX.
-2.50%
falling 2.50% to 3,759.69 and the Dow Jones Industrial Average DJIA,
-1.55%
falling 1.55% to 32,147.76. This was the second straight day of losses for the stock. Carnival Corp. closed $16.60 below its 52-week high ($25.29), which the company hit on Nov. 5.

Despite the losses, the stock outperformed some of its peers on Wednesday, as Marriott International Inc. Mar,
-4.42%
down 4.42% to $152.99, Royal Caribbean Group RCL,
-4.46%
fell 4.46% to $49.66, and Carnival PLC ADR CUK,
-4.09%
fell 4.09% to $7.74. Actual trading volume (52.1M) remained 10.1M below the 50-day average volume of 62.3M.

Editor’s note: This story was automatically generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. View our market data terms of use.

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