$Carnival(CCL)$Carnival Corporation (CCL)For those of you who love to go for cruises, Carnival Corporation (CCL) shouldn’t sound unfamiliar to you. It is the world’s largest cruise company, carrying nearly 45% of global cruise guests. With operations in North America, Australia, Europe and Asia, they operate a portfolio of leading global and regional cruise brands like Carnival Cruise Line, Princess Cruises and Seabourn.However, when the COVID-19 pandemic hits, the cruise industry was one of the worst hit industries. Ever since The Centers for Disease Control and Prevention (CDC) issued the No Sail Order for cruise ships effective March 14, 2020 and had extended several times the No Sail Order, the cruise companies are basically burning cash ever
In conclusion, I believe we still need to do our "homework" before investing into a company and even for Swan stocks, we should still monitor them from time to time.