Shares of Carnival Corp (CCL) are trading 6% higher at a price of $9.345 at the time of this writing.

Carnival Corp has been trading between a 52-week high of $27.39 and a 52-week low of $8.1. The stock has a market cap of $10.3 Billion.

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As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse:

d00ns - 7 upvotes - source
I dunno man might want to hedge with Norwegian or Royal Caribbean, CCL could go bankrupt.

Leading_Welder_5869 - 6 upvotes - source
Bro there’s no telling him otherwise my cousin did the exact same thing idk wtf ccl does to them but it looks like they love getting fucked by ccl I

shroinvestor - 5 upvotes - source
Its rare for me to say this but I also like CCL, long term it's great value for money.

MikeHoncho527 - 4 upvotes - source
told yall ccl was free at open

Puriel_ - 4 upvotes - source
Not inconsequential, I agree. They added about 30% more shares and took on more debts, bringing down the book value per share to $7.24$, down from $33.46 right before COVID hit. Difference between now and then? We're done with lockdowns, business is open and is booming. They've got rid of the less cost-effective ships. They've got 90% of their ships booked at 110% capacity. People are currently desperate to travel, recession or not. We've got low unemployment rate, money stashed and deferred vacations from lockdowns (speaking from Canada, guessing it's similar in the US). Should people find that traveling is a bit expensive nowadays, a cruise is a compelling option. Back to pre-covid levels (60$) within the next 1-2 years? That would require a divine intervention from the WSB community. Back to 30$, which it was at last year when they had little to no business going on? There's a chance. Back to 15$ (which is like a 75% gain from where it's now)? There's so much downward pressure, it could happen within a single green week. So imo, they're back in business (and it's good), enough liquidity accessible to avoid going under (8.5B). Should interest rates and/or oil go down a bit, this'll print big time. TL;DR Have you watched that brawl video on a CCL cruise, because of an alleged threesome? This could be you, your wife and her boyfriend! Get shares so you can cruise and get discounts!

Sethb_845 - 2 upvotes - source
Made a post about half an hour ago about my CCL calls for tomorrow and someone said “rip”. Check futures my friend

TinyPP4U - 2 upvotes - source
Got some $10.50 calls for CCL at the bottom so far today, like timed perfectly. Unfortunately it was initially Only like $250 worth but hey it’s something

MrMystery282928 - 2 upvotes - source
Ccl rippin

MikeHoncho527 - 1 upvotes - source
ccl free money

TinyPP4U - 1 upvotes - source
Idk but I got $CCL and $ET calls