- Royal Caribbean Cruises Ltd (NYSE:RCL) has inaugurated its new $125 million cruise terminal in Galveston, Texas.
- The city of Galveston also marked the day with a proclamation, recognizing the cruise line’s commitment to the city.
- The cruise liner also introduced Texas’ first Oasis Class ship, Allure of the Seas.
- With the latest developments, it’s estimated the new terminal will welcome as many as 630,000 vacationers each year.
- “Our new, 161,334-square-foot terminal opens up a world of vacation possibilities for families in the Southwest,” said CEO Michael Bayley.
- Allure will sail from the new homeport on its first cruise on Sunday, November 13.
- Price Action: RCL shares closed lower by 3.28% at $52.53 on Wednesday.
- Photo Via Company
Needham Maintains Buy on SS&C Technologies Hldgs, Raises Price Target to $76
Needham analyst Mayank Tandon maintains SS&C Technologies Hldgs (NASDAQ:SSNC) with a Buy and raises the price target from $65 to $76.
