Cruise Operator Viking's Stock Falls as Executives Warn of Slower Bookings
1. VIK's shares dropped over 5% due to macroeconomic uncertainties. 2. Fourth-quarter earnings surpassed analyst estimates with $1.35 billion revenue. 3. Advance bookings for 2025 increased by 26% year-over-year to $5.3 billion. 4. CEO states trends are good, but market conditions affect pricing. 5. Despite the drop, VIK shares are up nearly 70% since IPO.