The size of the text Carnival’s Ecstasy cruise ship, docked at Jacksonville harbor, amid a coronavirus outbreak in late March. Sam Greenwood / Getty Images U.S. Two of the three major cruise operators have announced capital increases this week, the latest in a series of similar moves in recent months …
Read More »Royal Caribbean’s $ 1 billion stock, debt and then cruise stocks lead the decline in the S&P 500
Getty Images Shares of cruise companies tumbled on Tuesday, hitting the Royal Caribbean Group the hardest after announcing a total of વાની 1 billion in public stock and private convertible debt and giving a booking update. Royal Caribbean Stock RCL, -12.87% Pigeon 11.1% in midday trading, to accelerate the SPX …
Read More »The CEO of Royal Caribbean says that cruise will differ to Covid-19. Here’s how.
Text size Skip Royal Caribbean’s Liberty of the Seas on May 19 in Miami Beach, Fla. Cliff Hawkins / Getty Images Royal Caribbean Group CEO Richard Fain continues to see a slow return to business, at least initially, if that happens. Several companies have started operating cruises in Asia and …
Read More »Cruise ship stocks plummet after CDC extends order not to sail until September
Cruise stocks fell in Friday morning trading, continuing a recession after the CDC extended its order not to sail until September 30. Royal Caribbean fell as much as 4.5%, while Carnival and Norwegian Cruise Line fell 2.9% and 3.8%, respectively. All three companies sank at least 7% in Thursday’s session. …
Read More »Cruise stocks fall after CDC fails to extend navigation order, analyst says further delays expected
Cruise ship operator stocks fell in premarket trading on Friday, after the Centers for Disease Control and Prevention (CDC) extended its “no-sail order” to cruises until September 2020 amid an increase in new cases of COVID-19. The previous CDC order expired on July 24. The shares of Norwegian Cruise Line …
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