Why Carnival Corporation Stock Is Rising Today

Carnival Corporation CCL shares are trading higher Wednesday, alongside shares of cruise stocks, amid overall market strength. The travel sector may be experiencing volatility over COVID wave concerns.

What To Know: Anticipation surrounding NVIDIA's second-quarter earnings report after the market close drove stocks higher Wednesday. The report is viewed as make-or-break by several analysts and follows the company's groundbreaking first-quarter report which highlighted AI demand.

Carnival and other cruise stocks may also be volatile due to the recent concerns of a COVID wave, with COVID-19 hospitalization and death levels rising over the past several weeks.

Related Link: Why Meta Platforms Stock Is Moving Today

CCL Price Action: Shares of CCL were up 3.67% at $16.24 at the time of publication, according to Benzinga Pro.

Image by Erich Westendarp from Pixabay