Shrinking Market Caps #infographic

Shrinking Market Caps #infographic

BEACH Stocks: $332B in Value Swept Away The new storm on the market has thrown the world's travel industry into uncharted territory. Market capitalizations around the BEACH industries— booking, entertainment, airlines, cruises, and hotels — have tumbled after the S&P 500 market peak on February 19, 2020. Alone in 116 publicly traded carriers, the regional airline industry has seen $157B wiping off valuations.

Trust in cruise lines has also fallen among investors. More than half of its market value has evaporated between Carnival, Royal Caribbean, and Norwegian Cruise Line Holdings — equal to at least $42B in total market capitalization. The report profiles of the steep losses around BEACH businesses today. This looks at the ripple effects from the height of February 19 up to now across individual businesses and sectors.

Since the COVID-19 pandemic has spread to more than 100 nations, several governments have placed sweeping travel restrictions into place. The effect is far-reaching through the BEACH industries, with some valuations dropping to almost a quarter of their previous number.

Shrinking Market Caps #infographic

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Shrinking Market Caps #infographic Shrinking Market Caps #infographic Reviewed by on March 26, 2020 Rating: 5

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