Travel Stocks Jump as Trip.com Tops Quarterly Estimates
TRIP.COM(TCOM) Investopedia·2024-08-27 21:30
Key TakeawaysShares of companies in the travel industry moved higher Tuesday, aided by strong earnings results from Singapore-based travel platform Trip.com.Stocks posting gains included cruise operators Norwegian Cruise Line, Royal Caribbean, and Carnival, as well as online travel platform Expedia.Cruise operators received an additional boost from a Zacks Equities Research report highlighting the industry's booking and pricing trends. Shares of travel-industry companies moved higher on Tuesday, lifted by t ...