Simon has over six years of professional trading experience across FX, commodities and equities. He has a strong passion for financial markets and is particularly focused on price action trading
Shares of Carnival Cruise Lines (NYSE: CCL) today plunged 3.21% to trade at $13.25 after the company announced that it has cancelled short trip on AIDA cruises as it awaits approvals from the Italian government.
Investors and customers alike were disappointed with the announcement since the trips were set to resume today after being halted in March.
The company cancelled trips scheduled for between August 5 and 12. Clients who had booked the trips will be reimbursed and allowed to re-book different cruises with a 50% discount.
Cruise Line operators were the worst hit by the coronavirus pandemic given the large scale outbreaks that occurred on many cruise ships earlier this year.
Carnival Corp share price
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage . 75 % of retail investor accounts lose money when trading CFDs with this provider . You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money .