Why Carnival, Norwegian Cruise Line, and Royal Caribbean Were Soaring Monday Morning
Shares of cruise line operators Carnival (NYSE: CCL), Norwegian Cruise Line (NYSE: NCLH), and Royal Carribbean (NYSE: RCL) were all soaring by double-digit rates Monday morning.
Carnival opened 11% higher today and Norwegian and Royal were up 15% each.
A series of positive developments inspired hope among cruise ship investors that the worst may be behind the industry and they could extend their rally for a third consecutive trading day.
Source Fool.com
