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Debt-loaded cruise lines' shares fall as Fed hikes rate and recession fears grow

Por: CNBC Life September 23, 2022

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In this articlePeople come out to watch the new Carnival Cruise Line ship Mardi Gras as it departs on its maiden voyage, a seven-day cruise to the Caribbean from Port Canaveral, Florida on July 31, 2021.Paul Hennessy Anadolu Agency Getty ImagesShares of , and fell this week after the Federal Reserve again , raising worries about cruise companies' huge debt loads and their ability to recover in a broader economic downturn.The declines in... + full article



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