Why Carnival, Norwegian Cruise, and Virgin Galactic All Popped Today
Monday's stock market rally continued into Tuesday, with shares of cruise line stocks and travel and tourism stocks alike benefiting as investors look beyond delta coronavirus (and omicron coronavirus) to a hopeful economic reopening. Indeed, as the Dow Jones Industrial Average surges 1.6%, according to CNBC, "travel-related stocks" are leading today's rally.
And as of 11:10 a.m. ET, shares of Carnival (NYSE: CCL) (NYSE: CUK) are up a solid 2%, Norwegian Cruise Line Holdings (NYSE: NCLH) is gaining 2.6%, and space tourism pioneer Virgin Galactic (NYSE: SPCE) is up 4.6%.
Image source: Getty Images.
Source Fool.com
