Carnival Corporation was surging over 9 percent on Thursday in tandem with the general markets, which saw the S&P 500 rising about 1.5 percent.
Despite the economy slowly reopening over the past year, stocks in the travel sector have largely failed to reap gains, and Carnival has plunged about 60% since June 8, 2021, when the stock hit a 52-week high of $31.52.
