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Carnival Shares Cruise Higher on Gains in Revenue, Bookings

The Carnival Conquest cruise ship sits docked at port on Oct. 20, 2021, in Miami. Long-battered shares of Carnival Corp. jumped more than 12% Friday, June 24, 2022, as the cruise line owner reported a big increase in revenue, occupancy levels, and bookings for future trips. However, the company posted a $1.83 billion second-quarter loss and said the effects of the pandemic and higher fuel prices will lead to another loss in the third quarter. (AP Photo/Rebecca Blackwell, File)
The Carnival Conquest cruise ship sits docked at port on Oct. 20, 2021, in Miami. Long-battered shares of Carnival Corp. jumped more than 12% Friday, June 24, 2022, as the cruise line owner reported a big increase in revenue, occupancy levels, and bookings for future trips. However, the company posted a $1.83 billion second-quarter loss and said the effects of the pandemic and higher fuel prices will lead to another loss in the third quarter. (AP Photo/Rebecca Blackwell, File)
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Miami (AP) -- Long-battered shares of Carnival Corp. jumped more than 12% Friday as the cruise line owner reported a big increase in revenue, occupancy levels, and bookings for future trips.

However, the company posted a $1.83 billion second-quarter loss and said the effects of the pandemic and higher fuel prices will lead to another loss in the third quarter.