Market Decline

Cruise stocks were sinking with the market at press time. Carnival Corporation was down more than 6.0 percent for the day, to $30.15, which is more than 30 percent off its 52-week high of $44.21, but nowhere near its 52-week bottom of $23.99. Royal Caribbean Cruises was down 8.5 percent at $23.15 which is nearly 40 percent off its 52-week high of $38.12, but far from its 52-week low of $11.80. Investors are left with the same old question: Is there more downside or is this a buying opportunity?

Cruise Industry News Email Alerts

Cruise Industry News Email Alerts

 

EMAIL NEWSLETTER

Get the latest breaking cruise newsSign up.

CRUISE SHIP ORDERBOOK

60 Ships | 134,437 Berths | $41 Billion | View

EXPEDITION REPORT

Highlights:

  • Mkt. Overview
  • Supply Data
  • 200 Pages
  • PDF Download
  • 2027 Outlook
  • Order Today
2023 Annual Report

Highlights:

  • Industry Outlook
  • All Operators
  • Easy to Use
  • Instant Download
  • Order Today