Carnival shares fall by 20% after shipwreck - News - Dukascopy Bank

Mon, 16 Jan 2012 16:43:12 GMT
Source: Marketwatch
 
© Scanpix/AFP
Carnival Corp. experienced a sharp drop in share price on Monday trade in London after Costa Concordia ship suffered in crash near the cost of Italy where 5 people died. Company's equities lost 20% and Morgan Stanley downgraded its shares from overweight to equal predicting Carnival Corp. may suffer further loss if investigation proves failure of meeting safety standards. 

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