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Cruise giant Carnival has seen its market value plunge by nearly 50% since the coronavirus outbreak started (CCL) | Markets Insider

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Cruise giant Carnival has seen its market value plunge by nearly 50% since the coronavirus outbreak started

stock tanked as much as 15% on Thursday after a second cruise ship in the company's fleet issued a coronavirus-related lockdown.

on the ship contracted coronavirus by the time the quarantine ended, and six individuals died. The event dragged on Carnival shares through early February and drove numerous guidance cuts for the firm's next-quarter revenue., where two passengers on the ship's February 11-21 trip contracted coronavirus. One of the passengers died of COVID-19 on Wednesday, prompting Carnival's lockdown.

 

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