Carnival (NYSE:CCL) Corporation & plc (CCL; NYSE: CUK) is committed to the safety and well-being of its guests and crew and has been actively monitoring the situation in the
The Company has experienced an early and robust start to wave season (peak booking period), exceeding expectations, with bookings volumes since November hitting an all-time high. For 2024, the Company continues to have the best booked position on record, with both pricing (in constant currency) and occupancy considerably higher than 2023 levels. In fact, the first half of 2024 is almost fully booked. The Company believes its continued strong bookings momentum is expected to deliver outperformance during the year, offsetting the
In addition, the Company announced the redemption of the outstanding
Is CUK truely undervalued?
With CUK making headlines, investors are asking: Is it truly valued fairly? InvestingPro's advanced AI algorithms have analyzed CUK alongside thousands of other stocks to uncover hidden gems with massive upside. And guess what? CUK wasn't at the top of the list.
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