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Cruise Stocks Slide On Tax Crackdown Threat: 'Massive Overreaction'
Several cruise stocks undercut key support levels after a U.S. official said the industry avoids U.S. taxes and warned of a crackdown.
Will cruise operators actually have to pay U.S. taxes? The prospect is hurting their stocks.
Commerce Secretary Howard Lutnick said the Trump administration will start making cruise companies pay U.S. taxes.
Cruise industry faces tax scrutiny after Lutnick comments
The cruise line sector — including names like Royal Caribbean (RCL), Carnival (CCL), and Norwegian Cruise (NCLH) — traded ...