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%.

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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.
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