Carnival’s (NYSE: CCL) third quarter losses reached $2,9 billions just six months after the pandemic forced the company to shut down all of its operations. With a fleet of more than 100 ships, Carnival is now running with around 12% of its total fleet. Carnival continues its efforts to cut costs as cruising remains banned from the most of the world. The cruise operator also announced a $1 billion stock sale plan to raise capital. The stock closed 10,48% lower at $15,98 on Tuesday’s trading session.

Carnival