US Airline and Cruise Shares Tumbled in Morning Trading

Tiger Newspress2022-03-07

US airline and cruise shares tumbled in morning trading. Southwest Airlines,Delta Air,United Airlines and American airlines fell from 2% to 5%.

Shares of cruise operators Norwegian Cruise Line,Carnival Corp and Royal Caribbean Cruises Ltd fell about 4%.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • JLKang
    2022-03-08
    JLKang
    Expected. Once energy prices shoot up, transport related stocks will be hit
  • FFOTW
    2022-03-08
    FFOTW
    $American Airlines(AAL)$accumulate 
  • schatzy
    2022-03-08
    schatzy
    Oh
  • Ken3888
    2022-03-08
    Ken3888
    K
  • Andaroo
    2022-03-08
    Andaroo
    Amc gme
  • PearlynCSY
    2022-03-08
    PearlynCSY
    Dow drops nearly 800 points as market turmoil continues from Russia-Ukraine war, inflation fears. Stocks fell again on Monday, following four straight weeks of declines, as investors grew increasingly concerned higher energy prices stemming from the Russia-Ukraine conflict would slow the economy and raise inflation. Effectively, DJIA & S&P 500 have dropped some 10% this year, and NASDAQ has dropped around 20%. Very bad news for the start of 2022. Besides, U.S. crude oil has spiked to 13-year high of $130.
Leave a comment