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Royal Caribbean stock rises 10% after seeing strong 'pent up demand' for summer 2021 - Business Insider

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Royal Caribbean stock rises 10% after seeing strong 'pent up demand' for summer 2021

Royal Caribbean's stock rose 10% to over $57 a share on Monday, after the company announced "remarkable" demand for cruises in 2021.

"The tone of our bookings, especially as we get into the second half of 2021, has been encouraging," said CEO and chairman Richard D. Fain in an earnings call. "Our guests want to come back. Families want and need the vacation."

 

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May be pent up demand but they’ll burn through it quickly and then I question how many actual new customers they will find. Everyone saw these ships turn into Covid death traps...

Time to buy bake stocks.

🤞🏽🤞🏽🤞🏽🤞🏽

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