Cruise companies were some of the biggest comeback candidates since the pandemic began, but all the gains since the covid bottom have pretty much evaporated and it’s like the past two years never happened.
It’s funny because we’ve come a long way since 2020 and a ton of people are now signing up to go on these things, but sentiment has never been worse. It seems the market is expecting the entire industry to collapse and go bankrupt soon.
Would you say these companies are fairly valued now or is the entire sector doomed?
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