$RCL they said it jumped up on sympathy with CCL, all the market experience a short squeeze, CCL and RCL are different companies with a different market targeted , and only thing in common is the huge debts, an the low and aggressive mark downs in prices, and the value of the assets are 0 as no other company will have any use for a cruise liner that has a huge carry cost and maintenance. This companies were doomed by covid and now by recession.
They will work for years just to clean their balancesheet if the can achieve positive free cash flow one day.
$Royal Caribbean Cruises(RCL)$
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