Why Carnival Corporation and Norwegian Cruise Line Stocks Popped Today
Shares of cruise line stocks Carnival Corporation (NYSE: CCL) and Norwegian Cruise Line Holdings (NYSE: NCLH) both jumped more than 4% apiece in early Monday trading, and are still notching gains of 2.3% and 2.4%, respectively, here at the 3:15 p.m. EST mark.
There's no obvious news afoot on either of the two cruise stocks, specifically, nor on Royal Caribbean (NYSE: RCL), which peaked lower than its rivals but is actually ahead of them right now, up 2.5%. Over the weekend, however, there was some news of interest to cruise investors in general: As CruiseIndustryNews.com (CIN) reported Saturday, investors are pushing the various cruise line companies to raise their prices in anticipation of a return to cruising later this year.
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Source Fool.com
