Cruise Bookings Up: Royal Caribbean Stock Surges with Wave of New 2021 Ticket Sales

Royal Caribbean stock surges as a wave of new cruise customer bookings pump up the volume of 2021 ticket sales. Despite a $250 million per month cash burn rate, the cruise line says it has plenty of liquidity to survive until the ships sail again. What does this business news say about the American spirit in the midst of the COVID-19 pandemic?

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