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Cruise ship stocks take double-digit dives to multiyear lows
Shares of cruise ship operators took double-digit dives Thursday to their lowest closes in years, as the global spread of the coronavirus fueled fears of a drop in travel demand. Royal Caribbean Cruises Ltd.’s stock plummeted 17.1% to $65.78, to suffer the biggest one-day drop since Jan. 30, 2009. Carnival Corp. shares tumbled 14.1% to $27.87. And shares of Norwegian Line Holdings Ltd. sank 13.4%.
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Dank Duck
8 months
I'm really surprised how their shares has not fallen any more already. Only around 15% dip? At the very least their revenue should have dropped 25%, and losing more as time goes on. This trend will carry on well into summer. There's going to be a market shake down of a lot of these companies by the end of the year.
Top in Business
yeah that's not the end either the more this spreads the lower it will go which is weeks if not months from ending this pandemic