Plus, the global rout for stocks continues, the NBA suspended its season after a player tested positive for the coronavirus, and shares of Carnival cruise line are down sharply after it announced suspending operations for one of its ship fleets.
Read MoreThe coronavirus has lead to “a buyable dip” for this cruise stock.
Read MorePlus, Citi says gold could hit $1,700 per ounce in the next 6 – 12 months, Tesla shares topped $930, and one speculative space stock has seen its trading volume explode.
Read MoreWhile investors have been anxious to find reasons to shrug off fears about the economic impact of coronavirus, there are certainly some individual cases where those risks can’t really be ignored. One in the Leisure & Recreation Services industry, which includes cruise line companies. News reports of cruise ships filled with passengers that have been […]
Read MorePlus, the coronavirus finally has a name, Carnival Cruise Line said that the virus outbreak could dent full-year earnings, and Nissan is suing former Chairman Carlos Ghosn.
Read MorePlus, the U.S. and China are reportedly moving closer to a trade agreement despite recent harsh rhetoric, Carl Icahn is urging HP to consider Xerox’s takeover bid, and Expedia shares are rising after a management shakeup.
Read MorePlus, an activist is pushing Madison Square Garden Company to sell part of its Knicks and Rangers teams, Expedia shares are tanking, and Ralph Lauren delivered a sales beat.
Read MoreShares of Carnival Corp. (CCL) nosedived during Thursday’s session following the release of its second-quarter earnings report. While the world’s largest cruise company by total passengers beat analysts’ top- and bottom-line expectations, investors went into panic mode when the firm drastically cut its full-year earnings per share (EPS) forecast on the heels of a devastating […]
Read MoreIn a week filled with tech companies making huge post-earnings moves, investors took a break from that sector’s dominance on Wednesday when Royal Caribbean Cruises Ltd. (RCL) released its first-quarter earnings report. The world’s largest cruise operator by revenue surpassed analyst expectations on the top and bottom lines, galvanizing investors to push RCL stock to […]
Read MoreOne of the things about stocks in the Consumer Discretionary sector that is interesting is how widely disparate they are. The general perception of most stocks in the sector is that they are highly cyclical, sensitive to inflationary pressures that make them more risky when the economy is in trouble. One industry in the sector […]
Read MoreTuniu Corporation operates as an online leisure travel company. The company offers a selection of packaged tours, including organized and self-guided tours; and other travel-related services, such as tourist attraction tickets selling, visa application services, financial services, and hotel booking services, as well as air, train, and bus ticketing and car rental services for leisure […]
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