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CEO says plan is to file for bankruptcy after ending luxury never-ending cruise that left hundreds stranded

Published . Updated .

CEO says plan is to file for bankruptcy after ending luxury never-ending cruise that left hundreds stranded

More than 200 passengers, mostly Americans, are stranded in Cambodia after the operator of a luxury U.S. cruise ship ran out of money due to skyrocketing fuel costs.

Directly affected

  • No company is named in this report.

Indirectly affected

  • XLY Consumer Discretionary Select Sector SPDR+2.3% 18d

    Consumer Discretionary Select Sector SPDR: it holds travel and leisure firms. Linked by “cruise” (travel) in this story.

  • USO United States Oil Fund+4.8% 30d

    United States Oil Fund: its price follows crude oil. Linked by “fuel costs” (oil) in this story.

  • BKNG Booking Holdings-12.4% 30d

    Booking Holdings (transportation services): travel firms move with tourism demand. Linked by “cruise” (travel) in this story.

  • MAR Marriott International+4.9% 8d

    Marriott International (hotels and motels): travel firms move with tourism demand. Linked by “cruise” (travel) in this story.

  • RCL Royal Caribbean Cruises+15.9% 30d

    Royal Caribbean Cruises (water transportation): travel firms move with tourism demand. Linked by “cruise” (travel) in this story.

  • HLT Hilton Worldwide Holdings+11.1% 30d

    Hilton Worldwide Holdings (hotels and motels): travel firms move with tourism demand. Linked by “cruise” (travel) in this story.

  • XOM ExxonMobil Holdings+9.0% 13d

    ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “fuel costs” (oil) in this story.

  • CVX Chevron+7.9% 30d

    Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “fuel costs” (oil) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
XLYNo price data for this ticker———————
USONo price data for this ticker———————
BKNGNo price data for this ticker———————
MARNo price data for this ticker———————
RCLNo price data for this ticker———————
HLTNo price data for this ticker———————
XOMNo price data for this ticker———————
CVXNo price data for this ticker———————

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

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CEO says plan is to file for bankruptcy after ending luxury never-ending cruise that left hundreds stranded CBS News

Source: CBS News

Trades by members of Congress and officials in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

This story

12 out of 100

“CEO says plan is to file for bankruptcy after ending luxury never-ending cruise that left hundreds stranded” scores 12 out of 100. The score uses 1 sources.