), and Viking Holdings declined Friday after Bank of America analysts said in a note that they see modest softness cruise prices.
The investment bank explained that based on cruise prices pulled in early June, there was modestly softer pricing in ocean markets relative to early May. Furthermore, Bank of America notes that Eastern Caribbean pricing saw the greatest sequential acceleration this month at +2%, representing the first sequential acceleration for the region since February.
Western Caribbean sailings are said to have been some of the strongest in Bank of America's survey since the entry into service of RCL’s Icon of the Seas,"pricing for which has gotten softer since the initial entry into service."Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.
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Source: Investingcom - 🏆 450. / 53 Read more »
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