Reported 10 months ago
Cruise line stocks like Carnival Corporation, Royal Caribbean Cruises, Norwegian Cruise Line, and Viking responded negatively to a Bank of America analysis indicating that cruise prices have softened in June, with 40% of itineraries experiencing lower pricing compared to 33% in May. Despite previous positive reports on bookings, the stocks reacted to the news which points to the volatile nature of cruise pricing dynamics.
Source: YAHOO