Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why 3 Major Cruise Stocks Dropped Today

TheMotleyFool

0 0

First Carnival (NYSE: CCL) (NYSE: CUK) reported its second-quarter losses and predicted more in the third quarter.

Then came Royal Caribbean (NYSE: RCL), which did the exact same thing.

Today, peer cruise line company Norwegian Cruise Line Holdings (NYSE: NCLH) reported it lost $1.14 per share last quarter -- and will keep losing money at least through Q3. But despite the entirely expectable news, Norwegian Cruise stock is down 11.8% as of 3:30 p.m. ET today, while Carnival is off 6.4%, and Royal Caribbean is sinking 6.3%.

Source Fool.com

Like: 0

CCL

Share