Carnival Cruise Line Ship Stuck: Stock Price Slips

Another Carnival Cruise Lines ship is stuck.

Reuters reports the ship is stuck at port in St. Maarten in the Caribbean with equipment trouble. The report comes as the cruise line company faced a disabled ship only a month in the Gulf of Mexico, caused by a fire. Thousands of passengers on that cruise were trapped for nearly a week.

As for those in St. Maarten, they will be kept on board the ship for accountability reasons, says the U.S. Coast Guard.

Carnival Corp & Plc (NYSE: CCL) operates Carnival Cruise and a number of other cruise lines.

Stock Price Unsteady For February, March

Carnival's stock price seems to be on a slide, currently being traded at 0.28(0.80%) (10:10 a.m. Mar. 13). Even though it rebounded from losing more than $1.00 off its price Feb. 25 ($34.43), it's still far off from where it was earlier this year, trading at $39.02 a share. Whether or not the recent incidents have caused investors to lose confidence in the brand is up to speculation.

How The Competition Stacks Up

Royal Carribean (NYSE:RCL) : Currently trading at 33.50 0.02(0.06%) . The company recently had its own problems to deal with, assisting 105 passengers on its Vision of the Seas cruise liner with a stomach bug thought to be norovirus earlier this month.

Norwegian Cruise Line Holdings Ltd. (NASDAQ: NCLH): Currently trading at $30.60, down 0.18 (0.58%).

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, Norfolk Finance Examiner

Holds a Bachelors in Business Administration from Averett University. Former finance writer for Rant Finance.com. Currently covers micro-cap stocks and general finance news. Author of the book, "The Funeral Writer" published by Tate Publishing (www.thefuneralwriter.weebly.com). Not a registered...

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