Shares in Carnival Corporation, the US based holding company in the Carnival Corp & plc group, opened sharply lower on Tuesday after the group had issued a profit warning, while shares in Carnival plc, the British holding company, stageda partial recovery after a morning rout.
Carnival Corporation traded about 5.4% down at $33.40 in New York at about 10 am this morning local time. About 6.2 million shares had changed hands.
In London, Carnival plc had staged a recovery to trade about 4.2% lower at £23.01 at 3pm local time. It had hit a session’s low of £20.17 in the morning. Volume was in the region of 3.7 million shares.
However, the share price of both holding companies showed high volatility
