AMEX · CRUZ
Financial Services · Asset Management
$21.88
Up+$0.01 (+0.03%)
Updated Aug 19, 2026, 6:20 AM
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The index is a rules-based index that consists of globally-listed stocks of companies that derive at least 50% of their revenues from the passenger airline, hotel and resort, or cruise industries (“Travel Companies”) as determined by MV Index Solutions. Under normal circumstances, the fund invests at least 80% of its net assets (plus borrowings for investment purposes) in Travel Companies. The fund is non-diversified.
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Zacks Investment Research · May 22, 2024
This Memorial Day holiday weekend is likely to see record-breaking travelers hitting the road and taking to the skies. According to travel service provider American Automobile Association, this summer travel season will be the busiest in nearly two decades.
Zacks Investment Research · Mar 28, 2024
Moderating inflation levels, rising expectations of the Fed cutting interest rates three times in 2024, projections for an increase in international travel and an uptick in global passenger traffic surpassing the pre-pandemic levels paint a favorable picture for the tourism industry.
Benzinga · Mar 25, 2024
Carnival Corp (NYSE:CCL) will report its first-quarter earnings on Wednesday, March 27, and while the company hasn’t yet fully recovered from the effects of the COVID-19 pandemic, like its sector rivals, Carnival is seeing strong growth in demand. Carnival stock navigated extremely rough waters in the past four years, but revenues are rising and losses are easing. The company said in its 2023 annual report that full-year revenues hit a record $21.6 billion and that it entered 2024 with its “best-booked position on record” for both price and occupancy. Read Also: Norwegian Cruise Line Sets Sail For Stellar Outlook; Stock Jumps However, the company is still struggling for profitability as its costs have risen and it repays the large debt pile accumulated during the pandemic. While operating profit rose significantly to $1.91 billion, it recorded a net loss of $74 million — although this was massively reduced from the ...Full story available on Benzinga.com
Zacks Investment Research · Oct 16, 2023
As vacationers emerge into a post-pandemic travel world, cruises have made a spectacular comeback.
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