The news that Carnival is releasing bonds is making CCL stock rise today. The company will use the funds to pay down its debt, as well as for general corporate purposes. The bonds will come due in 2028. In the meantime, it will offer 12 unencumbered ships for sale. This is a significant move for Carnival, which has suffered a string of setbacks in recent years.
Analysts at large Wall Street banks are responsible for analyzing the company’s operations and future prospects. They also forecast the stock’s price for the next year. The stock could fall further on this date. Investors should also monitor the earnings report of Carnival Corp on 09/29/2022. If earnings are weak, the stock’s price may fall.