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Why Carnival Stock Fell Today

Why Carnival Stock Fell Today

Shares of Carnival (NYSE: CCL)(NYSE: CUK) fell by 2.3% in trading Monday as much of the travel industry seemed to react to a slowing Chinese economy and manufacturing data that was much worse than expected due to ongoing supply chain disruptions. Last week, Carnival announced that several of its Princess vessels would resume cruising early next year, beginning in February.