Premarket surge positions cruise-line stocks to extend string of gains
Shares of cruise operators soared in premarket trading, putting them on track to extend their winning streaks to three sessions, as part of a broad-market rally inspired by data showing slowing growth of the COVID-19 virus, the start of phase-in reopenings of businesses and upbeat comments from the Federal Reserve chairman. Shares of Royal Caribbean Cruises Ltd. RCL, +6.54% ran up 9.8%, Norwegian Cruise Line Holdings Ltd.
[s; nclh] shot up 8.2% and Carnival Corp. CCL, +4.15% climbed 9.0%. Meanwhile, futures YM00, +3.20% for the Dow Jones Industrial Average DJIA, +0.25% were pointing toward a 689-point, or 2.9%, jump ahead of the open. On Friday, the cruise stocks rallied after some Wall Street analysts were mostly upbeat on the sector, with J.P. Morgan saying he believed cruise demand among more loyal customers remained intact, while investor sentiment likely hit bottom.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Here’s When You Might Be Able To Take A Cruise AgainThe top cruise lines’ stocks have tumbled over 80% because of coronavirus and a “no sail order,” but they’re looking to get back to the seas.
Weiterlesen »
Jamie Lee Curtis Shares New 'Halloween' StoriesJamie Lee Curtis joined director David Gordon Green and others from 2018's Halloween to look at the alternate ending and the most challenging moment of the shoot
Weiterlesen »
How Tiler Peck Shares Her PowerWith her wildly popular Instagram Live ballet classes and new children's book, this prima ballerina revels in celebrating your gifts.
Weiterlesen »