BUZZ-Cruise stocks slide after US commerce secretary Lutnick's comment on taxes
Shares of cruise operators fall in early trade, a day after U.S. commerce secretary Howard Lutnick's comments
Lutnick in an interview on Fox News on Wednesday said cruise ships do not pay taxes
"You ever see a cruise ship with an American flag on the back? ... None of them pay taxes ... every supertanker. None pay taxes ...," Lutnick said
Cruise operators Norwegian Cruise Line NCLH.N, Carnival CCL.N and Royal Caribbean Group RCL.N down between 6.4% and 8.7%
Viking Holdings VIK.N down 3.9%
"These stocks are down sharply because of the impact on earnings, if they would be paying taxes in the U.S.," says Sam Stovall, chief investment strategist at CFRA Research in New York
The commerce secretary also said President Donald Trump wants to abolish the Internal Revenue Service (IRS)
An IRS executive told staff on call on Thursday that about 6,000 workers would be fired, a person familiar with the matter tells Reuters
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