Carnival (NYSE:CCL) closed Friday at $31.12, up 9.8% on strong earnings, reinstated dividend, and positive guidance. The S&P 500 and Nasdaq Composite also saw gains. Carnival reported record full-year 2025 profits and is guiding for adjusted EBITDA of $7.63 billion in 2026. The stock surged despite falling slightly short of sales estimates. Carnival reinstated its dividend at $0.15 per share, resulting in a 1.9% yield at current share price. Investors are focusing on sector-wide booking strength and recent upgrades in the cruise industry. Carnival IPO’d in 1987 and has grown 690% since going public.

Read more at Yahoo Finance: Carnival Jumps on Record Profits and Dividend Reinstatement