$CCL Dives on Sober Outlook.. Test of Key Trendline/MA in PlayCCL is perhaps the quintessential post-vaccine play. But shares tanked again on Tuesday after the company stated in its update that bookings in 1H21 are "reflecting expectations of the phased resumption of cruise operations and anticipated itinerary changes."
In other words, demand for 1H21 is still soft due to uncertainties revolving around the virus and how the virus will affect cruises.