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Tag: CCL

  • Hotel GM as Madrina of Discovery Princess: Carnival Corp. & PLC (CCL) Stock Soaring Premarket

    Hotel GM as Madrina of Discovery Princess: Carnival Corp. & PLC (CCL) Stock Soaring Premarket

    Carnival Corp. & PLC (CCL) is a leisure traveling company. The company also provides shorter destination services along with owning hotels, motor coaches, and glass-domed rail cars.

    The price of CCL stock in the regular trading on March 8, 2022, with an acceleration of 2.25% was $15.8. Its price further rocketed by 7.05% at the last check of the premarket session of March 9, 2022.

    CCL: Events and Happenings

    On March 8, 2022, CCL reported that its partner Princess Cruises celebrated its Hotel GM Terri Cybuliak who is recently honored with the title of the Discovery Princess Madrina. On March 7, 2022, CCL’s partner Princess Cruises updated on the commencement of a partnership with Porsche Club as the authorized cruise vacation collaborator for its programs.

    On March 2, 2022, CCL partner Princess Cruises provided details regarding its licensing deal with NBA and WNBA Properties. It is a great opportunity for basketball fans to display their desired NBA and WNBA teams in MedallionClass vacation. On February 18, 2022, CCL’s brand Seabourn confirmed to opt into the US CDC platform for cruise ships. The cruise line will continue its operations in inoculated COVID-19 cruises, with stringent scrutiny measures placed to board the cruise.

    On February 10, 2022, CCL’s partner Princess Cruises reported a roundtrip in the 2022 summer season for the first-ever trip to Mexico, Hawaii, and the Californian Coasts. The cruises will start journeying on June 25, 2022, and will take 4-16 days for the trip.

    CCL: Key Financial

    On January 27, 2022, CCL released its annual financial statement for the full fiscal year of 2021 concluded on November 30, 2021. Some highlights are mentioned here.

    Revenue

    Full revenues of the company in the FY 2021 were $1.9 billion against $5.59 billion in the comparable FY 2020. The company observed an incline of $3.6 billion in its total revenue YoY.

    EPS

    Net loss basic and diluted during the fiscal year 2021 was $9.5 billion or $8.46 per share corresponding to $10.2 billion or $13.2 per share in the comparable FY 2020 and observed a substantial drop in its net loss YoY.

    Conclusion

    CCL stock is 42% down in the past year as the world has put more restrictions on travel-related companies during the pandemic. The conditions are getting better day by day as the global vaccination drive is continuing. The company’s stock recently swelled in the premarket trading as its collaborator announced the receipt of honor by its hotel GM. The company is also gearing for the quarterly release date and estimates a revenue of $2.27 billion versus -$1.28 EPS.

  • Carnival Corp & PLC (CCL) Stock Continues Downward Spiral as Florida Refuses Proof of Vaccination Requirement

    Carnival Corp & PLC (CCL) Stock Continues Downward Spiral as Florida Refuses Proof of Vaccination Requirement

    Carnival Corp & PLC (CCL) stock prices were down by 4.69% as of the market closing on July 16th 2021, bringing the price per share down to USD$20.92 at the end of the trading day. Subsequent premarket fluctuations have seen the stock fall by another 4.45%, bringing it down to USD$19.99.

    Seabourn Ovation

    July 14th 2021 saw the company announce the opening of the sale of its serious of new itineraries for Seabourn Ovation, which is expected to commence operation out of Miami between November 2021 and April 2022. This will coincide with the ship’s first-ever stop at a United States port on November 18th 2021. This will make the first Caribbean cruise for the Seabourn Ovation, which will start with three 11-day voyages from Miami, where it will also conclude. Trips will depart on November and December of 2021.

    Forecasted Itineraries

    The ship will go on to explore the Panama Canal and areas in Central America between December 2021 and March 2022. January 30th 2022 will see Seabourn Ovation set sail to Centra America with four roundtrip voyages departing from Miami. Customers who book one of the several new itineraries by August 31st 2021 will be granted Shipboard Credit of up to USD$1000, or up to USD$2000 in Shipboard Credit for a Penthouse or Premium Suite.

    Post-Pandemic Operations

    With the world’s continued efforts towards universal immunizations against the coronavirus pandemic, the company is keen to see the persistent easing of mobility restrictions around the globe. With more than 50% of the company’s capacity scheduled to resume sailing by Fall of 2021, CCL is hopeful to make a recovery from the devastating effects of the onset of the pandemic. Promisingly, bookings for 2022 are higher than just before the pandemic, with pent-up demand having burgeoned.

    Continued Effects of Pandemic

    The momentum generated, however, has recently been slowing down. This is largely due to an official announcement by the Government of Florida that denies cruise ship operators from enforcing passengers to show proof of vaccinations. This could result in the implementing of mandatory Covid-19 travel insurance, which would adversely affect demand. The company is keen to see the continued easing of restrictions on travel and mobility.

    Future Outlook for CCL

    With the world hurtling towards an end to the global coronavirus pandemic, CCL is poised to capitalize on the return of the global economy to pre-pandemic levels. Investors are hopeful that the company will be able to ramp up its operations even in light of partial removals of restrictions, with the eventual resumption of normal operations bringing in unprecedented growth as a result of long-term, pent-up demand.

  • Carnival Corporation & plc (CCL) stock gains over Pre-Market: Things you need to know

    Shares of Carnival Corporation & plc (CCL) stock were continuing the uptrend in the pre-market trading session after gaining 1.74% at the previous closing. CCL was up by 2.45% to reach $29.30 a  share as of this writing. A couple of news related to CCL stock are wandering among investors. Let’s have a look at current events.

    What’s happening?

    Yesterday, on April 6, 2021, the Carnival Cruise line notified its guest about the suspension of cruise operations out of U.S ports through July. This was due to an extension in the suspension of all operations from the U.S ports till June 30. President Christine Duffy said that they had no plan to move Carnival Cruise Line ships outside the U.S ports but they had no option other than this in order to continue their operations which had been on a pause for a year due to the COVID-19 pandemic.

    Carnival Corp. spokesman on Tuesday said that the passengers don’t need to vaccinate against COVID-19 before traveling. This reaction from CCL came after the announcement of its rival Norwegian Cruise Line Holdings Ltd that it would be mandatory for the passengers to be vaccinated against COVID-19 before the start of cruises in July.

    Financial View of CCL stock

    CCL stock is expected to announce its first-quarter financial results of 2021 later today. In the previous quarter, CCL stock had a negative earnings surprise of 5.2%. The Zacks Consensus projected a $1.66 loss per share in this quarter. The reason for the loss is obvious as Cruise operations had been halted for a year due to COVID-19 escalations. In the first quarter of 2020, CCL stock reported 22 cents earnings per share. The Zack Consensus estimated the $108 million revenue for the first quarter of 2021 which shows a decline of 97.7% as compared to the same period of the prior year.

    Conclusion:

    So far so good for CCL stock as far as market sentiment is concerned but the first-quarter earnings report ahead would further explain the position of CCL . Cruise operations had been badly damaged due to the rise of the coronavirus pandemic and that why a major fall in the revenue is expected in the earnings report ahead. In a nutshell, long-term investors are required to do deep research before taking a decision.

  • The 3 Top Cruise Line Stocks for Investment in 2021

    The 3 Top Cruise Line Stocks for Investment in 2021

    Cruise Line industry after a hard-fought battle last year is going to get tested again.

    The cruise line industry is a part of the broader travel and tourism industry. The main focus is to provide entertainment in the sea environment. The cruise line firms have taken a massive hit from the global pandemic. The cruise ship’s operations were off for a long period following the COVID-19 restrictions.

    The industry is still a big risk for the investors. Despite we have the vaccine in the market but still the vulnerability level is quite high. The fact that the vaccine is limited and the scale of the pandemic is immense. There are nearly 25.86 million active coronavirus cases at the moment, so things are still unreliable for the cruise line industry to begin full operations in the near future.

    The cruises have limited right to set sail again. Some of the industry leaders that can stand a chance for potential investment; will have look at them. Here are the three possible investment options for cruise line stocks this year.

    Carnival Corp. (CCL)

    Carnival Corp. (CCL) had a testing period last year—just like another cruise firm. The company was able to shrink its expenses through the removal of 19 less efficient ships, 15 of which have already left the fleet.

    In the fourth quarter, the company had a net loss of $1.9 billion, while the remaining cash balance was around $9.5 billion. The company has taken some aggressive actions to keep managing the balance sheet and reducing capacity. Carnival believes that they are well-positioned to capitalize on pent-up demand—being the leading force of the industry.

    In the past few days, CCL stock has continued with a strong trend, as investors respond to the firm’s initiative to support digital gambling board its Princess cruise line. The company plans to launch its new Ocean Sportsbook—a digital application under process in collaboration with Miomni Online Gaming Solutions.

    Being the industry leader and with a well managed financial position, Carnival Corp. (CCL) is one to watch this year.

    Royal Caribbean (RCL)

    Royal Caribbean (RCL) is another promising cruise line stock that would amuse investors if they are willing to bet in the cruise line industry. Royal Caribbean is one of the most decorated cruise line firms in the market right now. Just like other counterparts, the company has faced hard times due to pandemic.

    However, compared to Carnival, RCL shares price dropped almost 45% last year. While CCL shares plunged up to 58%. Royal Caribbean is about to report its Q4 results, expected to record earnings loss of $5.04 per share, as per Zacks.

    Historically, the company has had a higher command mark-up for its cruises, which means RCL would have a smoother path back to profitability once the company starts sailing at its maximum.

    OneSpaWorld (OSW)

    OneSpaWorld (OSW) has been a better performing stock over the 12-months. Those investors who betted on OSW back in March would have made profits by now. Smart investors know that the drop in shares price is a massive opportunity to cash in.

    With that being said, OneSpaWorld is highly dependent upon cruise line operations for its revenue and operations. In the Q3 report, the company noted that it has enough liquidity to sustain its operations through at least Dec. 2021.

    Two Wall Street analysts recommend OSW as a buy. But the stock is trading in an uncertain trend since the start of this year. The best choice would be to jump in when it’s down. However, the best thing is to wait for now and watch the trend and updates of quarterly results.

  • Top Leisure Stocks To Watch In February 2021

    Top Leisure Stocks To Watch In February 2021

    Leisure stocks all over the world have taken a hit since the pandemic started and suffered like all major stocks. But with the vaccine insight and some parts of the world already being vaccinated, leisure stocks are seen as a good investment once again. 2021 is predicted to be the year of leisure stocks’ recovery and this is mainly due to the Covid-19 vaccine news. The leisure industry basically consists of companies which provide recreation products and certain services ranging from travel, golf courses, outdoor spaces, and swimming pools. And while many of these stocks have tanked recently, there are a few stocks which are showing potential in overcoming the pandemic that created havoc.

    Cinemark Holdings, Inc. (NYSE: CNK)

    Cinemark Holdings, Inc. (CNK)‎ has been one of the third biggest exhibitor in the United States in terms of market shares due to its 553 theatres and 5,974 screens in sixteen different countries. CNK’s administration performed particularly well during the pandemic because it closed its less profitable theatres and cut its expenses for unnecessary operations. High management also removed dividends for a short amount of time and helped in keeping the balance sheet in a positive position at $0.5 billion while refusing to take any salary until operations returned to normal. While nearly 65 percent of Cinemark’s theatres are open, they are still lower in a capacity as compared to before. With the end of the pandemic in sights, it is likely that people will once again return to activities such as movies at theatres.

    Wynn Resorts, Limited (NASDAQ: WYNN)

    While hotels have also been hampered by the pandemic and social distancing, reopening has started again through a laborious process. Hotels have the ability to tolerate empty rooms with less damage than airlines. And since the virus has spread across time, the damage is easier to contain as well which will lead to a quicker recovery. And Wynn Resorts has had a reputation on Wall Street for winning but it is still a new brand management team which faces its own challenges. As stocks fall to $67 per share, Wynn Resort’s stocks will recover with the trend of higher lows remaining intact off the coronavirus bottom.

    Carnival Corp (NYSE: CCL)

    Carnival Corporation is a British-American owned leisure cruise industry giant which is actually the largest cruise company in terms of travel leisure globally. Carnival owns more than 100 ships which provide services to 10 top line cruise brands. It is also a part of FTSE 250 and S&P 500 indices. Even in the midst of the pandemic, the company has held $8.2 billions in cash and has also held cash equivalents towards the end of its last quarter. Carnival’s share price also went up by 15 per cent towards the end of last year and its stock is expected to recover once travel reopens. The company also made up some percentage of its losses during the holiday season last year when it offered special deals and discounts.

  • ‎26 stocks making the biggest moves premarket today

    ‎26 stocks making the biggest moves premarket today

    ‎Mereo BioPharma Group plc (MREO) stock plunged -7.78% to $3.32 in the pre-‎market trading after declaring collaboration and license agreement with Ultragenyx Pharmaceutical ‎Inc. (RARE), for Setrusumab in Osteogenesis Imperfecta.‎

    ‎Naked Brand Group Limited (NASDAQ: NAKD) shares are trading up ‎‎11.45% ‎at ‎‎$0.2044 at the time of writing. Company’s 52-week ranged between $0.07 to $3.70.‎

    ‎Exela Technologies Inc. (XELA) is down more than -9.79% at $0.4128 in pre-market ‎hours Monday December 21, 2020 following the announcement from the firm that it has entered into ‎a 5-year, $145 million term loan facility with Angelo Gordon, a global alternative investment firm. The ‎stock had jumped over 26.10% to $0.46 in the last trading session.‎

    ‎Zomedica Corp. (ZOM) tumbled over -5.22% at $0.1959 in pre-market trading today.‎

    Before the trading started on December 21, 2020, BlackBerry Limited (BB) is down -‎‎3.17% to reach $6.73 after releasing financial results for the three months ended November 30, 2020. It ‎has been trading in a 52-week range of $2.70 to $9.69.‎

    ‎General Electric Company (GE), a Specialty Industrial Machinery company, dropped ‎about -6.11% at $10.15 in pre-market trading Monday after announcing expiration and results of its ‎debt tender offers.‎

    ‎Phunware Inc. (PHUN) lost over -10.38% at $0.95 in pre-‎‎market ‎trading ‎Monday ‎December 21, 2020.‎

    ‎American Airlines Group Inc. (AAL) lost over -7.03% at $15.35 in pre-market trading ‎Monday December 21, 2020.‎

    Before the trading started on December 21, 2020, Carnival Corporation & Plc (CCL) is ‎down -9.79% to reach $19.36. It has been trading in a 52-week range of $7.80 to $51.94.‎

    ‎FuelCell Energy Inc. (FCEL) stock moved down -4.3 percent to $8.9 in the pre-‎market trading after declaring that state regulators have improperly rescinded RFP awards for three ‎fuel cell projects previously selected in the Shared Clean Energy Facility program, putting its state high ‎tech manufacturing job growth at risk.‎

    ‎Exicure Inc. (XCUR) stock soared 7.04% to $2.13 in the pre-‎‎market ‎trading. ‎The ‎most ‎recent rating by BMO Capital Markets, on December 18, 2020, is ‎an ‎Outperform.‎

    ‎Genius Brands International Inc. (GNUS), a Entertainment company, rose about ‎‎3.18% at $1.62 in pre-market trading Monday. The firm recently revealed that it has licensed streaming ‎and select video-on-demand rights to the hit family series, The Wubbulous World of Dr. Seuss (20 x ‎‎22’), from The Jim Henson Company on Kartoon Channel!‎

    ‎SolarWinds Corporation (NYSE: SWI) shares are trading ‎up ‎‎6.7% ‎at ‎‎$15.13 ‎at ‎the ‎time of writing. Company’s 52-week ranged between $11.50 ‎to ‎‎$24.34. ‎Analysts ‎have ‎a ‎consensus ‎price target of $26. ‎

    ‎Norwegian Cruise Line Holdings Ltd. (NCLH) lost over -10.01% at $22.66 in pre-‎market trading Monday December 21, 2020 after reporting that it has closed its previously announced ‎private offering of $850 million aggregate principal amount of its 5.875% senior notes due 2026 (the ‎‎“Notes”).‎

    Before the trading started on December 21, 2020, Nokia Corporation (NOK) is down ‎‎-5.25% to reach $3.79. The company recently declared that it has launched 5G services with Polkomtel, ‎operator of the Plus network, in the capital city of Warsaw as well as other major cities in the eastern ‎part of the country. It has been trading in a 52-week range of $2.34 to $5.14.‎

    ‎Corbus Pharmaceuticals Holdings Inc. (CRBP) is up more than 12.0% at $1.68 in pre-‎‎‎‎‎‎‎‎market hours Monday December 21, 2020. The stock had jumped ‎over ‎‎11.11% ‎to ‎‎$1.50 ‎in ‎the ‎last ‎trading session.‎

    ‎Schlumberger Limited (NYSE: SLB) shares are trading down -6.95% at $20.76 at the ‎time of writing. The firm will hold a conference call on January 22, 2021 to discuss the results for the ‎fourth quarter and full year ending December 31, 2020. Company’s 52-week ranged between $11.87 to ‎‎$41.14.‎

    ‎Exxon Mobil Corporation (NYSE: XOM) shares are trading down -5.27% ‎at ‎‎$40.48 ‎at ‎the time of writing. Company’s 52-week ranged between $30.11 to $71.37. Analysts ‎have ‎a ‎consensus ‎price target of $52.‎

    ‎Transocean Ltd. (RIG) is down more than -14.92% at $2.11 in pre-market hours ‎Monday December 21, 2020 after announcing successful court ruling granting its motion for summary ‎judgment and holding internal reorganization did not violate indenture. The stock had dropped over -‎‎3.50% to $2.48 in the last trading session.‎

    ‎Simon Property Group Inc. (SPG) tumbled over -5.07% at $81.1 in pre-market ‎trading today. The firm recently declared a common stock dividend for the fourth quarter 2020.‎
    ‎
    ‎Energy Transfer LP (ET), a Oil & Gas Midstream company, dropped about -‎‎‎‎5.9% ‎at ‎‎$6.38 in pre-market trading Monday.‎

    ‎Cinedigm Corp. (CIDM) stock moved up 4.11 percent to $0.798 in the pre-market ‎trading after revealing the launch of The Bob Ross Channel on the Roku platform.‎

    Before the trading started on December 21, 2020, Coty Inc. (COTY) is down -6.15% ‎to reach $6.56. The company lately reported two additions to its Board of Directors with the ‎appointments of Anna Adeola Makanju and Mariasun Aramburuzabala Larregui. It has been trading in ‎a 52-week range of $2.65 to $13.01.‎

    ‎JPMorgan Chase & Co. (JPM) gained over 2.24% at $121.75 in pre-‎‎‎‎market ‎trading ‎Monday December 21, 2020. ‎

    ‎Apache Corporation (NASDAQ: APA) shares are trading down -11.29% at $13.6 at ‎the time of writing after announcing the donation of more than 64,000 trees to 56 nonprofit partner ‎organizations through the annual Apache Tree Grant Program. Company’s 52-week ranged between ‎‎$3.80 to $33.77. Analysts have a consensus price target of $16.‎

  • What changed for these 30 stocks in Pre Market Session

    What changed for these 30 stocks in Pre Market Session

    Usio Inc. (USIO) stock soared 41.54% to $2.59 in the pre-market trading after declaring that it has entered into a non-binding Letter of Intent (LOI) to acquire the assets of Information Management Solutions, LLC (IMS).
    NeuroMetrix Inc. (NURO), a Medical Instruments & Supplies company, dropped about -8.03% at $2.75 in pre-market trading Wednesday.
    Cinedigm Corp. (CIDM) stock moved up 43.36 percent to $1.23 in the pre-market trading following a strategic alliance with Spherex to drive Cinedigm’s global growth.
    Recon Technology Ltd. (RCON) stock moved up 112.5 percent to $3.06 in the pre-market trading.
    Curis Inc. (NASDAQ: CRIS) shares are trading up 2.29% at $6.7 at the time of writing after revealing proposed public offering of common Stock. Company’s 52-week ranged between $0.62 to $3.59. Analysts have a consensus price target of $5.
    Gran Tierra Energy Inc. (GTE) lost over -7.04% at $0.355 in pre-market trading Wednesday December 09, 2020. The firm recently declared a financial update and the Company’s 2021 capital budget and production guidance.
    Aurora Cannabis Inc. (ACB) is down more than -0.94% at $10.5 in pre-market hours Wednesday December 09, 2020. The stock had jumped over 1.24% to $10.60 in the last trading session.
    Carnival Corporation & Plc (CCL) is up more than 2.76% at $24.22 in pre-market hours Wednesday December 09, 2020 following declaration of Cunard, a part of Carnival Corporation & plc (CCL), that it has extended its pause in operations due to the ongoing travel constraints in place across the world. The stock had jumped over 1.59% to $23.57 in the last trading session.
    Before the trading started on December 09, 2020, Occidental Petroleum Corporation (OXY) is up 2.56% to reach $19.62 after reporting upsize of previously announced cash tender offers and consent solicitations for certain of its senior notes. It has been trading in a 52-week range of $8.52 to $47.58.
    Virgin Galactic Holdings Inc. (SPCE) stock soared 2.55% to $34.24 in the pre-market trading. The most recent rating by Goldman, on October 23, 2020, is a Neutral.
    Eastman Kodak Company (NYSE: KODK) shares are trading down -4.04% at $10.7 at the time of writing after getting clean chit from U.S government regarding a government loan. Company’s 52-week ranged between $1.50 to $60.00.
    Moderna Inc. (MRNA) grew over 3.38% at $175.6 in pre-market trading today after declaring that the Swiss Federal Government has increased its confirmed order commitment from 4.5 million to 7.5 million doses of Moderna’s vaccine candidate against COVID-19, mRNA-1273.
    Riot Blockchain Inc. (RIOT), a Software – Application company, dropped about -5.78% at $9.3 in pre-market trading Wednesday.
    Norwegian Cruise Line Holdings Ltd. (NCLH), a Travel Services company, rose about 1.95% at $28.7 in pre-market trading Wednesday after announcing partnership with AtmosAir Solutions.
    XPeng Inc. (XPEV) stock moved down -3.72 percent to $46.88 in the pre-market trading following the pricing of follow-on public offering of American depositary shares.
    Cinemark Holdings Inc. (CNK) stock soared 2.26% to $15.36 in the pre-market trading. The most recent rating by Loop Capital, on November 19, 2020, is a Hold.
    Before the trading started on December 09, 2020, Tonix Pharmaceuticals Holding Corp. (TNXP) is up 0.15% to reach $0.65 after declaring results of positive phase 3 RELIEF study for TNX-102 SL 5.6 mg in Fibromyalgia. It has been trading in a 52-week range of $0.39 to $2.46.
    CBAK Energy Technology Inc. (NASDAQ: CBAT) shares are trading up 3.3% at $5.95 at the time of writing following the publication of securities purchase agreement with certain institutional investors for a registered direct placement of approximately $49.2 million of common stock at a price of $5.18 per share. Company’s 52-week ranged between $0.36 to $11.40.
    Jaguar Health Inc. (NASDAQ: JAGX) shares are trading down -4.84% at $0.3798 at the time of writing. Company’s 52-week ranged between $0.19 to $1.08. Analysts have a consensus price target of $2.
    United Airlines Holdings Inc. (UAL) grew over 1.88% at $49.96 in pre-market trading today after launching virtual, on demand customer service at the airport.
    GameStop Corp. (GME) is down more than -17.59% at $13.96 in pre-market hours Wednesday December 09, 2020 after releasing results for the third quarter ended October 31, 2020. The stock had jumped over 3.61% to $16.94 in the last trading session.
    Before the trading started on December 09, 2020, ADMA Biologics Inc. (ADMA) is up 4.31% to reach $2.18. It has been trading in a 52-week range of $1.45 to $4.65.
    Before the trading started on December 09, 2020, HEXO Corp. (HEXO) is down -2.91% to reach $1.0. The firm recently reported downward revision to its proposed share consolidation ratio. It has been trading in a 52-week range of $0.35 to $2.30.
    United Microelectronics Corporation (UMC) is up more than 1.37% at $8.88 in pre-market hours Wednesday December 09, 2020 afterreporting unaudited net sales for the month of November 2020. The stock had dropped over -3.10% to $8.76 in the last trading session.
    Apache Corporation (NASDAQ: APA) shares are trading up 1.08% at $14.92 at the time of writing following the board of directors of Apache Corporation (APA) has declared a regular cash dividend on the company’s common shares. Company’s 52-week ranged between $3.80 to $33.77. Analysts have a consensus price target of $16.
    Phunware Inc. (PHUN) stock moved down -3.28 percent to $0.81 in the pre-market trading after revealing its receipt of the Privacy Shield certification.
    Sorrento Therapeutics Inc. (SRNE) stock soared 9.62% to $8.66 in the pre-market trading after declaring that it has received CLIA Licensure from the State of California that permits testing of clinical samples. The most recent rating by H.C. Wainwright, on July 31, 2020, is a Buy.
    Sesen Bio Inc. (SESN) gained over 5.42% at $1.75 in pre-market trading Wednesday December 09, 2020 following the announcement of commercial manufacturing and global supply partnership with Qilu Pharmaceutical.
    Before the trading started on December 09, 2020, Futu Holdings Limited (FUTU) is up 2.27% to reach $44.61 after reporting that a leading global investment firm has agreed to purchase approximately 50,000,000 Class A ordinary shares of the Company in the form of prepaid warrants for an aggregate purchase price of approximately US$260,000,000. It has been trading in a 52-week range of $8.16 to $51.10.
    Westwater Resources Inc. (WWR) stock soared 3.87% to $5.63 in the pre-market trading. The company recently provided an update on progress at its pilot plant operations at Dorfner Anzaplan’s facilities near Amberg, Germany, as well as at facilities in Frankfort, Germany, Chicago, Illinois, and Buffalo, New York.

  • 9 Trending Stocks in Travel Services Industry That Can Be A Good Bets

    9 Trending Stocks in Travel Services Industry That Can Be A Good Bets

    The travel industry is the largest industry in the world and in today’s modern age this is the most important industry. The present-day global traveling industry is facing multiple challenges. To gain a competitive edge, the travel industry should focus on the new tech trends and provides its customers with a perfect and unique traveling experience.

    People value the unique experiences they get so the top priority of the travel industry is to focus on the customer’s priorities. Travelers are usually most concerned about budget. They preferred those companies that provide the best services at a low cost. As the travel industry is continuously adopting new trends and improve their offerings, people are more encouraged to travel more.

    Here are the top 9 leading companies in the travel industry which are following new trends:

    Carnival Corporation & plc (NYSE: CCL)

    Carnival Corporation & plc (NYSE: CCL) shares were trading down -6.66% at $14.29 at the time of writing on Monday. Carnival Corporation & plc (NYSE: CCL) share price went from a low point around $7.80 to briefly over $51.94 in the past 52 weeks, though shares have since pulled back to $14.29. CCL market cap has remained high, hitting $12.57B at the time of writing, giving it a price-to-sales ratio of more than 0.

    Carnival Corporation & Plc’s CCL Princess Cruises recently disclosed the sale of two of its ships including Sun Princess and Sea Princess. However, the company has not revealed the name of the buyer.
    If we look at the recent analyst rating CCL, HSBC Securities downgraded coverage on CCL shares with a Hold rating and a $15.65 price target, which implies room for 1.36% upside momentum this year.

    Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH)

    Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) last closed at $14.99, in a 52-week range of $7.03 to $59.78. Analysts have a consensus price target of $16.96. Norwegian Cruise Line Holdings Ltd. (NCLH) has marked the passing of its founders, Knut Kloster, at the age of 91 on Sept. 20, 2020. In his honor the Company will dedicate a section of its yet-to-open terminal at PortMiami in Miami, Fla. and introduce an annual team member recognition award in memory of his humanitarian, environmentalist, and innovative spirit.

    Royal Caribbean Group (NYSE: RCL)

    Royal Caribbean Group (NYSE: RCL) stock drop by -7.24% to $60.71. The most recent rating by SunTrust, on July 14, 2020, is at a Hold. Royal Caribbean Group (RCL) has earlier set a panel which has submitted a report to the U.S. Centers for Disease Control and Prevention (CDC) detailing health and safety protocols. The Royal Caribbean is expecting to set sail again after a long halt due to the COVID-19 pandemic.

    TripAdvisor Inc. (NASDAQ: TRIP)

    TripAdvisor Inc. (NASDAQ: TRIP) shares headed falling, lower as much as -6.17%. The most recent rating by BTIG Research, on June 11, 2020, is at a Neutral. TripAdvisor Inc. has launched Tripadvisor Navigator which is a proprietary first-party data platform delivering audience targeting, insights, and performance reporting. This company has a total market capitalization of $2.66 billion at the time of writing.

    Expedia Group Inc. (NASDAQ: EXPE)

    Expedia Group Inc. (NASDAQ: EXPE) fall -2.68% after losing more than -$2.51 on Monday. Expedia Group Inc. (EXPE) has launched the new versions of the Brand Expedia, Hotwire and Vrbo iOS apps to take advantage of the capabilities available in iOS 14. The features will unlock new ways to view the latest travel deals with Hotwire, and easily access upcoming reservation details booked through Brand Expedia and Vrbo.

    Travelzoo (NASDAQ: TZOO)

    Travelzoo (NASDAQ: TZOO) last closed at $6.38, in a 52-week range of $3.04 to $12.40. Analysts have a consensus price target of $11.25. Travelzoo (TZOO) has moved up 110.18% from its 52-weeks low and moved down -48.45% from its 52-weeks high. This company market capitalization has remained high, hitting $76.62 million at the time of writing.

    Booking Holdings Inc. (NASDAQ: BKNG)

    Booking Holdings Inc. (NASDAQ: BKNG) stock drop by -4.61% to $1652.39. The most recent rating by JMP Securities, on August 10, 2020, is at an Mkt outperform. Booking Holdings Inc. (BKNG) share price went from a low point around $1107.29 to briefly over $2094.00 in the past 52 weeks, though shares have since pulled back to $1640.37. Booking Holdings Inc. market cap has remained high, hitting $69.81 B at the time of writing,

    Lindblad Expeditions Holdings Inc. (NASDAQ: LIND)

    Lindblad Expeditions Holdings Inc. (NASDAQ: LIND) shares headed falling, lower as much as -8.55%. The most recent rating by Sidoti, on April 13, 2020, is at a Neutral. Lindblad Expeditions Holdings Inc. (LIND) share price went from a low point around $3.01 to briefly over $18.34 in the past 52 weeks, though shares have since pulled back to $9.28. Lindblad Expeditions Holdings Inc.’s market cap has remained high, hitting $472.39 Million at the time of writing.

    Monaker Group Inc. (NASDAQ: MKGI)

    Monaker Group Inc. (NASDAQ: MKGI) fall -4.31% after losing more than -$0.1 on Monday. Monaker Group Inc. (MKGI) shares have fluctuated between the low range of $0.61 and a high range of $3.35 in the past 52-weeks. This company market cap has remained high, hitting $31.68 million.