Why Carnival Corporation, Royal Caribbean, and Norwegian Cruise Line Stocks Raced Ahead Today
Wednesday is looking like a good day to own cruise stocks, with the Cruise Lines International Association -- CLIA, the primary trade organization for the industry -- releasing a statement urging the Centers for Disease Control and Prevention "to lift the Framework for Conditional Sailing Order (CSO) and allow for the planning of a phased resumption of cruise operations from U.S. ports by the beginning of July."
In 11:45 a.m. EDT trading, shares of Carnival Corporation (NYSE: CCL) (NYSE: CUK) are up 5.2%, Norwegian Cruise Line Holdings (NYSE: NCLH) is gaining 4.2%, and even Royal Caribbean (NYSE: RCL) has tacked on 3.7%.
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Source Fool.com
