Travel + Leisure (TNL) is in a sweet spot after two years of pandemic created a strong desire for leisure among consumers. The top timeshares and vacation clubs operator reported a nearly 300% jump in profit last quarter, the latest in a string of strong reports. On Thursday, the IBD […]
Rising
(Reuters) – A three-day rally in European stocks was clipped on Thursday as a renewed jump in U.S. bond yields hit risk appetite, with heavyweight miners and technology stocks leading the retreat. The pan-European STOXX 600 index fell 0.5%, with miners dropping 3.4%. UK-listed shares of Rio Tinto and BHP […]
What happened On Tuesday, travel and leisure stocks continued riding the wave of Monday’s positive news about Moderna‘s coronavirus vaccine showing 94.5% effectiveness, with shares of cruise lines Carnival (NYSE:CCL) up 4.5% at 1:30 p.m. EST, and Norwegian Cruise Line Holdings (NASDAQ:NCLH) rising 4.7%. Royal Caribbean stock is down, so […]