Carnival Corporation is taking a beating in the market yesterday and today after announcing its Q3 results and year-end and next year forecast.

At press time, its shares were down 12.3 percent, at $32.79, from closing at $37.40 on Monday, Sept. 23.

Carnival’s tempered outlook also pulled down Royal Caribbean, although Royal seems to be recovering, down 1.5 percent, and Norwegian Cruise Line, which is down 3.1 percent.