Should You Be Buying More Royal Caribbean Stock?
Efforts to control COVID-19's spread have taken an enormous toll on the cruise industry, and Royal Caribbean Cruises (NYSE: RCL) isn't alone in having its shares take on water in 2020. The world's second-largest cruise operator has seen its stock price drop by more than 50% this year.
With losses this massive in mind, investors should be asking themselves: What comes next for the pandemic, and hence, the industry? Has the worst passed us, and is this an opportunity to pick up shares at a good value?
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Source Fool.com
