(Bloomberg) — Carnival Corp. filed to sell as much as $1.5 billion in stock, joining at least one other travel-related company in taking advantage of Monday’s rally on hopes for a coronavirus vaccine.In a supplemental filing Tuesday, the world’s largest cruise company said it would use the at-the-market equity offering program to raise money for general corporate purposes. Carnival recently completed the sale of 67.1 million common shares under a similar program.The filing comes at an opportune moment: Carnival shares posted their biggest-ever single-day gain Monday after a Covid-19 vaccine candidate from Pfizer Inc. and BioNTech SE prevented more than …read more
Source:: Yahoo Finance
