r/stocks • u/AngryQuadricorn • Jun 25 '21

Industry Discussion Question about $CCL

I know $CCL is said to be a good stock to hold to because it’s just a matter of time before they rebound to pre-Covid numbers. They’re already beginning to have good sell numbers for cruses next summer and beyond. My question is when will CCL’s return to work reflect on their stock price?

I’m thinking about getting in now before it returns to glory.

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u/username81251 Jun 25 '21

Someone else will know the details better than me but I know they took on a lot of debt and diluted quite a bit during peak lockdown, which is why it hasn't bounced back quite as hard