|Bid||82.81 x 800|
|Ask||82.97 x 1100|
|Day's Range||82.08 - 83.96|
|52 Week Range||64.26 - 99.24|
|Beta (5Y Monthly)||2.85|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 21, 2022 - Feb 25, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Mar 05, 2020|
|1y Target Est||91.54|
Investors' holiday cheer received a rude interruption on Thanksgiving Day 2021: In South Africa, a new coronavirus variant is rising -- and it's terrifying investors with fears of a prolonged cruise industry recession. Shares of Carnival Corporation (NYSE: CCL) (NYSE: CUK), Royal Caribbean (NYSE: RCL), and Norwegian Cruise Line Holdings (NYSE: NCLH) sank in quick succession as of 10:10 a.m. ET today, falling 10%, 10.2%, and 10.3%, respectively. Initially detected in South Africa, reports CNN, the virus has also popped up in neighboring Botswana and in Hong Kong (carried there apparently by a traveler from South Africa).
U.S. stock futures fall on Black Friday after South Africa warns about a new strain of Covid-19, pulling travel, tourism, oil and energy stocks lower.
AAA predicts a near-return to pre-pandemic travel levels during the Thanksgiving holiday. The travel services company predicts that 53.4 million Americans will travel during the holiday, according to a press release. Air travel has experienced the biggest rebound, with AAA expecting an 80% increase over last year.