Welcome to Seeking Alpha's Wall Street Breakfast, where we cover the top news for investors every morning.

It's great to have you here on this Wednesday, May 28th. I'm Julie Morgan. Sheehan switches gears,

crew stocks ride a tariff delay, and Compass hits a rough patch.

Sheehan is working towards a listing in Hong Kong after the proposed initial public offering in London failed to secure the green light from Chinese regulators, notably the China

Securities Regulatory Commission.

A source with knowledge of the matter told Reuters that the China-founded company

aims to foul a draft prospectus with the Hong Kong Stock Exchange in the coming weeks.

The report said Sheehan plans to go public in the Asian Financial Hub within the year.

Travel booking and cruise stocks rose on Tuesday following President Trump's decision to delay tariffs

on the European Union. The development reverberated through the U.S. and European financial markets,

fueling substantial gains in Wall Street's major averages as well as sectors with ties to European

commerce. As Western Europeans are the second largest source of

cruise passengers, shares of Carnival Corporation, Royal Caribbean, Norwegian cruise lines, and Viking

holdings close with gains of as much as 6%. Among travel booking platforms, TripAdvisor outperformed

with a gain of 4.7%, followed by Expedia, booking holdings, and Airbnb.

Gains across the airline sector were led by JetBlue, which recently expanded its service from Boston with flights to Spain and Scotland.

Shares closed nearly 10% higher on Tuesday.

Compass Diversified is down 14% pre-market after the private equity company said it's taking

steps to boost liquidity. The actions are being taken after it identified irregularities

in financing, accounting,

and inventory practices at its Lugano holding subsidiary.

The steps include entering into a forbearance agreement with its lender group to preserve

...