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Cruise Stocks Drop Amid U.S. Tax Crackdown Concerns: What's Going On?

Summary

Cruise stocks such as Carnival Corporation (NYSE: CCL), Royal Caribbean Inc. (NYSE: RCL) and Norwegian Cruise Line (NYSE: NCLH) are trading lower Thursday after Commerce Secretary Howard Lutnick suggested in an interview that those companies will have to start paying U.S. taxes.

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Article published on February 20, 2025 by benzinga

Cruise Stocks Drop Amid U.S. Tax Crackdown Concerns: What's Going On? | CCL Stock News | Candlesense