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Carnival Stock Slips Thursday: What's Driving the Action?
Source: benzinga.com
Travel & LeisureEnergy Markets & PricesInterest Rates & Yields
Carnival shares traded lower Thursday as surging global crude oil prices and elevated interest-rate expectations created dual cost and financing headwinds. Higher fuel expenses could pressure cruise margins, while persistently high rates may weigh on consumer travel demand and the company’s borrowing costs.
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