Stock Markets Bounce Back, but Cruise Ship Stocks Start to Write Off 2020

Stock Markets Bounce Back, but Cruise Ship Stocks Start to Write Off 2020

Enthusiasm about the potential for another coronavirus stimulus package, along with prospects for a viable COVID-19 vaccine, helped give market participants the green light to push ahead with gains. In particular, for cruise ship stocks, even a more broadly upbeat outlook for the overall economy hasn't made it clear whether ships will be able to set sail anytime soon. The stock performance for companies across the cruise industry was downbeat Wednesday.