Why Carnival, Royal Caribbean, and Norwegian Cruise Lines Surged This Week

Shares of Carnival Corporation (NYSE: CCL) (NYSE: CUK), Royal Caribbean (NYSE: RCL), and Norwegian Cruise Lines (NYSE: NCLH) all appreciated by mid-teens this week, up 11.6%, 11.9%, and 17.1%, respectively, as of end of trading Thursday.

There wasn't much in the way of company-specific news this week, but all three benefited from positive news regarding the omicron coronavirus variant. Omicron had caused all travel stocks to sell off at the end of November and into early December, so some relief on that front caused a big bounce. 

Image source: Getty Images.

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Source Fool.com