Cruise stocks down but still attractive despite coronavirus, analysts say ...News

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Since the outbreak of the COVID-19 virus, the $45-billion cruise industry has come under significant pressure, with shares of ship operators falling over the last month. Analysts, however, see some positive trends coming. Stocks of major cruise operators, Royal Caribbean and Norwegian Cruise Line, have slid more than 16 percent and 11 percent respectively so far in 2020. Royal Caribbean has called off 18 cruises in Southeast Asia due to the coronavirus outbreak, warning of a 25-cent per share impact to first quarter results, and at least a 65-cent hit to full-year results. Also on rt.com

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