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Losing pricing power, carnival cruise line (CCL.US) and other cruise stocks fell collectively.
According to the news obtained by the Wise Finance and Economics APP, the stocks of Carnival (CCL.US), Norwegian Cruise (NCLH.US), and Royal Caribbean (RCL.US) all fell on Friday, because an analyst wrote that these cruise companies are losing some pricing power. Bank of America analyst Andrew Didora wrote in a research report on Friday: "Based on cruise pricing data obtained in early June, prices in the overseas market have slightly decreased compared to those in early May." This has raised concerns among investors that cruise companies' ability to maintain high prices has declined. According to Dow Jones market data, Carnival Cruise Lines
Royal Caribbean(RCL.US) Director Sells US$3.02 Million in Common Stock
$Royal Caribbean(RCL.US)$ Director Fain Richard D sold 19,584 shares of common stock on Jun 13, 2024 at an average price of $153.96 for a total value of $3.02 million.Source: Announcement What is stat
Royal Caribbean Cruises Insider Sold Shares Worth $3,015,153, According to a Recent SEC Filing
Richard D Fain, Director, on June 13, 2024, sold 19,584 shares in Royal Caribbean Cruises (RCL) for $3,015,153. Following the Form 4 filing with the SEC, Fain has control over a total of 770,111 share
Cruise Stocks React to BofA Note Citing Softening Prices
Express News | Benzinga Market Summary: Nasdaq Hits Record, Consumer Sentiment Comes In Below Expectations, Cruise Stocks Fall After B of A Highlights Softer June Pricing
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Saul d Solache : thank you