LUMO - Hot Stocks: Cruise companies rally; MSC mysteriously jumps; NDAQ HCSG move on earnings; LUMO delays clinical data
primeimages/E+ via Getty Images Wall Street continued to shake off recent COVID fears on Wednesday. A growing sense that the Delta variant won't force a renewed closure of the economy has given fresh strength to reopening stocks. This dynamic prompted a substantial rally in cruise companies on Wednesday. Carnival (CCL), Norwegian Cruise Line (NCLH) and Royal Caribbean (RCL) all posted notable advances. Studio City International (MSC) also posted a notable gain during Wednesday's trading, though the advance came with an air of mystery. Shares skyrocketed and were halted for a period of time, with little news besides the setting of an earnings release date. Meanwhile, Healthcare Services (HCSG) was one of the standout losers on the day. The stock posted a double-digit percentage decline on disappointing quarterly results. The Nasdaq (NDAQ) - the exchange itself - stepped out of the background on Wednesday. The company reported better-than-expected results, news that
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Hot Stocks: Cruise companies rally; MSC mysteriously jumps; NDAQ, HCSG move on earnings; LUMO delays clinical data