Why Carnival, Royal Caribbean, and Norwegian Cruise Line Stocks All Dropped Today
Cruise line stocks are dropping across the board in Thursday-afternoon trading -- and that just isn't fair.
As of 12:35 p.m. EDT, shares of Royal Caribbean (NYSE: RCL) have tumbled 5.2%, Norwegian Cruise Line Holdings (NYSE: NCLH) is down 4.2%, and even industry giant Carnival (NYSE: CCL) (NYSE: CUK) is slipping 2.5%. Furthermore, all three of these cruise stocks were down more than 5% in trading earlier in the day.
And yet the news isn't all bad.
Source Fool.com
