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Stock impact report

Facebook Ad Prices Down as Much as 50%, Warns NYT [The Motley Fool]

Norwegian Cruise Line Holdings Ltd. Ordinary Shares (NCLH) 
Last norwegian cruise line holdings ltd. ordinary shares earnings: 2/20 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: nclhltdinvestor.com/investor-relations
Company Research Source: The Motley Fool
The novel coronavirusThis is knownImage source: Getty Images.What you maynotNew York Times,Alphabet(NASDAQ:GOOGNASDAQ:GOOGLNASDAQ:FBNYSE:TWTRother internet stocks"Once-abundant travel and entertainment ads have all but disappeared from Google search," warnsNYTSpecifically, the paper quotes digital marketing agency Gupta Media's Alex Palmer stating that "the prices of ads have declined percent to 0 percent on average in recent weeks." And turning to RBC Capital for commentary on Google, the paper reports that RBC "ran 0 Google searches last month and found no paid ads for travel and restaurants" -- not even when searching specifically for "Las Vegas Hotels"!Indeed, according to the paper, certain companies have cut their internet advertising budgets all the way to zero in response to the pandemic, and the travel bans it has engendered. By mid-March for example, both Korean Air (air travel) and Norwegian Cruise Line (cruises) were spending exactly nothing on digital ads.Result: annual Show less Read more
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