Pete Buttigieg: 'Hurricane Beryl Is Proving To Be A Highly Destructive Storm'
Portfolio Pulse from Benzinga Neuro
Transport Secretary Pete Buttigieg expressed concern over the impact of Hurricane Beryl on transportation, particularly flights, amid a potentially active hurricane season. The hurricane is causing significant destruction in the Caribbean, affecting travel and leading to declines in shares of major cruise lines like Carnival Corporation, Royal Caribbean Cruises, and Norwegian Cruise Line Holdings.
July 02, 2024 | 1:14 am
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NEGATIVE IMPACT
Carnival Corporation's shares are experiencing a decline due to the impact of Hurricane Beryl on travel in the Caribbean.
The hurricane's impact on travel in the Caribbean is directly affecting Carnival Corporation's operations, leading to a decline in its share price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Norwegian Cruise Line Holdings Ltd. is experiencing a decline in its share price due to the impact of Hurricane Beryl on travel in the Caribbean.
The hurricane's impact on travel in the Caribbean is directly affecting Norwegian Cruise Line Holdings Ltd.'s operations, leading to a decline in its share price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Royal Caribbean Cruises Ltd. is seeing a decline in its share price due to the disruptions caused by Hurricane Beryl in the Caribbean.
The hurricane's impact on travel in the Caribbean is directly affecting Royal Caribbean Cruises Ltd.'s operations, leading to a decline in its share price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80