Carnival Cruise Lines' Triumph disaster, when an engine caught fire and stranded many passengers at sea for days, may have happened early in 2013, but the memory is still fresh in the minds of would-be shareholders.
Now, fresh on the heels of its latest quarterly earnings call, Carnival has announced that its CEO is stepping down, and while several of its financial stats aren't exactly ideal, this ship is far from sunk. In the video below, Motley Fool contributor Caroline Bennett looks closer at Carnival's financials, and at whether this stock merits jumping ship or staying on board.
The article Is Carnival Turning Into a Nightmare? originally appeared on Fool.com.
Fool contributor Caroline Bennett has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.