Why Carnival, Norwegian Cruise, and Royal Caribbean Stocks Dropped Friday

Cruise tourism stocks sailed lower in the water Friday. In early trading, each of the major publicly traded cruise stocks -- Royal Caribbean (NYSE: RCL), Norwegian Cruise Line Holdings (NYSE: NCLH), and Carnival (NYSE: CCL) (NYSE: CUK) -- declined about 5% before recovering somewhat in the afternoon.

As of 3:03 p.m. ET, Royal Caribbean had recovered to a 2% loss, but Norwegian Cruise Line was still down 4.1% and Carnival had dropped 3.6%.

Image source: Getty Images.

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Source Fool.com