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tasari

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tasari

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Monday, 02/22/2021 9:46:10 AM

Monday, February 22, 2021 9:46:10 AM

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The last quarter 2020 is out...
Expected loss is slightly less but more revenue loss than expected.

https://www.marketwatch.com/story/royal-caribbean-stock-slips-after-narrower-than-expected-loss-but-revenue-missed-2021-02-22

But this is bad, they are burning more cash, cash really going low !!
The company affirmed its guidance for average monthly cash burn of $250 million to $290 million during a prolonged suspension of operations.

Be careful sell pressure is going to get higher !
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