The Latest Breaking News from RCL

Sticky inflation and looming recessionary fears might keep the cruise line industry under pressure this year. Hence, fundamentally weak cruise line stocks Royal Caribbean Cruises (RCL), Carnival (CCL), and Norwegian Cruise Line (NCLH) might be best sold short or completely avoided in 2023. Read more.

The sky-high inflation is far from the Fed’s target, heightening the recession concerns. Cruise companies might feel the brunt as consumers tend to cut back on discretionary spending during economic slowdowns. Thus, we believe fundamentally weak stocks such as Royal Caribbean Cruises (RCL), Carnival Corporation (CCL), and Norwegian Cruise Line…

Someone with a lot of money to spend has taken a bearish stance on Royal Caribbean Gr (NYSE:RCL). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Stock market volatility is rife due to the Fed’s continued rate hikes and widespread recession fear among investors. Moreover, the ongoing Russia-Ukraine war and other macroeconomic issues are hindering global growth prospects. Given the market turmoil, we think investors should steer clear of Royal Caribbean Cruises (RCL) and Carvana (CVNA),…

The cruise ship industry suffered huge losses amid the pandemic. Moreover, surging inflation and the Fed’s aggressive rate hikes seem to be weighing on cruise ship stocks. Hence, it might be best to avoid fundamentally bleak stocks, Royal Caribbean (RCL) and Carnival Corporation (CCL) now. Read on….

Inflation is growing more persistent and entrenched than expected. And the Fed’s aggressive rate hikes to tame inflation are raising the possibility of a recession. Hence it might be best to avoid fundamentally weak stocks, Royal Caribbean Cruises (RCL), Unity Software (U), and Bed Bath & Beyond (BBBY) now. Read…

The travel industry, which barely revived from its pandemic-led disruptions, is struggling with high inflation and labor shortages. Hence, we think fundamentally weak travel stocks Carnival Corporation (CCL) and Royal Caribbean Cruises (RCL) are best avoided now. Read more….

Persistently high inflation and the Fed’s aggressive stance to combat it have increased recession fears. While the cruise industry barely recovered from the pandemic-led disruptions, a downturn in the economy could wipe out its liquidity. So, it may be prudent to avoid fundamentally weak cruise ship stocks Carnival Corporation (CCL),…

High inflation, rising interest rates, increased borrowing costs, and recession fears have posed significant challenges for the cruise shipping industry. With the macroeconomic environment expected to remain uncertain, fundamentally weak cruise shipping stocks Carnival Corporation (CCL) and Royal Caribbean Cruises (RCL) are expected to remain under pressure. So, we think…

Due to high inflation, rising interest rates, increased borrowing costs, and recession fears, cruise shipping companies are struggling to keep themselves afloat. Given their weak fundamentals, Carnival Corporation (CCL) and Royal Caribbean Cruises (RCL) are not well-positioned to survive the challenging macroeconomic environment, so we think these stocks are best…

While the cruise shipping industry has been able to stage a post-pandemic recovery, many industry participants are yet to return to profitability. With inflation, rising interest rates, fears of recession, and unenviable unit economics, cruise shipping companies are struggling to keep themselves afloat. So, let’s take a closer look at…