Travel-related stocks are falling on Monday as Hurricane Beryl makes landfall in the Caribbean. The storm's arrival poses significant risks to both cruise operations and air travel in the region, contributing to investor concerns and weighing on the sector's performance. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith
Oceania Cruises, the world's leading culinary- and destination-focused cruise line, has marked an important milestone in the construction of its new 1,200-guest ship, Allura, at the Fincantieri shipyard in Sestri Ponente, Italy, bordering the famed seaport of Genoa. A landmark moment as the ship moves towards completion, the vessel was floated from the dry-dock and moved to the fitting-out berth to begin outfitting the luxurious, designer-inspired interiors.
Norwegian Cruise Line (NCLH) closed the most recent trading day at $18.64, moving +0.22% from the previous trading session.