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re: Has anyone been treated worse than the cruise industry?
Posted on 11/25/20 at 9:24 pm to Napoleon
Posted on 11/25/20 at 9:24 pm to Napoleon
quote:
Carnival WILL rebound
In January, the shares were trading around $50, supported by 2019 revenue of $20.8 billion, earnings of $3 billion, and $10 billion debt. Today, the company has revenues of roughly $6 billion, an estimated loss of around $7 billion, and $20 Billion in debt. Revenues likely won’t return to pre pandemic levels for 8-9 years. I think your money may be put to better use elsewhere.
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