Saudis bought a lot of shares in carnival, they are now fourth largest holder of carnival shares. And this is a company that will see no bailout from the USA. Wall Street folks also are usually immune to hysteria and hype. If they bought into it, they expect a return.
So let me guess someone has inside information that hydroxy chloroquine is working great and started buying everything.
Saudis bought a lot of shares in carnival, they are now fourth largest holder of carnival shares. And this is a company that will see no bailout from the USA. Wall Street folks also are usually immune to hysteria and hype. If they bought into it, they expect a return.