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Why Cruise Line Stocks Plunged Again Today
The Motley Fool ^ | June 30, 2022 | Travis Hoium

Posted on 06/30/2022 4:06:14 PM PDT by Capt. Tom

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To: BradyLS

My 5 cruises between Sept 2021 & April 2022 were cheaper on per day basis than previous 41 cruises. And as a bonus less crowded due to ships only about half full.


61 posted on 07/01/2022 12:41:38 PM PDT by entropy12 (Trump/DeSantis & MAGA! are the only way to keep USA viable.)
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To: entropy12

I like Florida but don’t want to live there.


62 posted on 07/01/2022 4:37:21 PM PDT by caver
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To: CodeToad
It seems there is demand so why isn’t there cruise line performance meeting that demand making record profits?

The quarterly reports will tell the real Finanancial story.

One of the analysts mentioned in this article in this thread has a worst case scenario: Of greater concern was Rollo's new worst-case scenario, in which he speculated that if a new shock to cruise demand -- like the onset of the pandemic -- occurs in the coming months, the value of Carnival stock could plunge to $0.

https://www.msn.com/en-us/money/topstocks/why-cruise-line-stocks-were-sinking-this-week/ar-AAZ4FCx

63 posted on 07/01/2022 4:48:56 PM PDT by Capt. Tom (.It's COVID 2022 - The Events, not us, are still in charge. )
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To: caver

To live in Florida, one has to put up with hot & humid summers from May through October, fire ants, snakes, geckos, and gators in every pond. But taxes are low here.


64 posted on 07/01/2022 7:05:56 PM PDT by entropy12 (Trump/DeSantis & MAGA! are the only way to keep USA viable.)
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