Carnival stock jumps 8% after the bell as oil sinks and Wave season chatter lifts cruise shares
Carnival shares surged 8.1% to $32.45 Monday, tracking gains in travel stocks after oil prices plunged more than $3 a barrel on easing Iran-U.S. tensions. Trading volume topped 30 million shares. Early Wave season bookings and pricing are running ahead of last year’s levels. Carnival’s next earnings report is scheduled for March 20.