This Is Why Carnvial Cruise Is Drifting Dangerously Close to Bankruptcy

Carnival Cruise has pushed back its restart date as the pandemic intensifies. The company’s debt load and cash burn are spiraling out of control. Bankruptcy is on the table for this embattled cruise operator. Shareholders could get wiped out. Carnival Corporation (NYSE: CCL) could be on the road to bankruptcy. This week, the company revealed […]

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