Why Carnival Corporation Stock Is Rising Today

Carnival Corporation (NYSE: CCL) shares are trading higher Wednesday, alongside shares of cruise stocks, amid overall market strength.

Carnival Corporation (NYSE:CCL) shares are trading higher Wednesday, alongside shares of cruise stocks, amid overall market strength. The travel sector may be experiencing volatility over COVID wave concerns.

What To Know: Anticipation surrounding NVIDIA’s second-quarter earnings report after the market close drove stocks higher Wednesday. The report is viewed as make-or-break by several analysts and follows the company’s groundbreaking first-quarter report which highlighted AI demand.

Carnival and other cruise stocks may also be volatile due to the recent concerns of a COVID wave, with COVID-19 hospitalization and death levels rising over the past several weeks.

Related Link: Why Meta Platforms Stock Is Moving Today

CCL Price Action: Shares of CCL were up 3.67% at $16.24 at the time of publication, according to Benzinga Pro.

Image by Erich Westendarp from Pixabay

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