Why Carnival Corporation, Royal Caribbean, and Norwegian Cruise Stocks All Sank Monday
Cruise line stocks are taking on water as 2021 gets under way, with shares of Norwegian Cruise Line Holdings (NYSE: NCLH) falling 7.2% in 11:15 a.m. EST trading, Carnival Corporation (NYSE: CCL) (NYSE: CUK) down 7.1%, and Royal Caribbean (NYSE: RCL) off 5.6%.
Curiously, although it's suffering least of any of the three major cruise lines, Royal Caribbean may be most to blame for the sell-off.
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