Carnival shares surge 7.25% after-hours as company announces second ship additions in East Coast and Baltimore for 2027/28.

Carnival Corporation surged 7.25% in after-hours trading following announcements of strategic fleet expansion. The company revealed plans to add a second ship to its East Coast operations in 2027 and introduced a second Baltimore-based vessel for 2027/28 sailings, signaling growth in popular drive-to ports. These developments underscore Carnival’s focus on expanding capacity and enhancing customer accessibility, aligning with bullish investor sentiment. While prior concerns about earnings quality and operational challenges like cold weather disruptions were noted, the immediate stock reaction appears driven by the positive outlook from new capacity announcements.