Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Carnival Stock Popped This Morning

TheMotleyFool

0 0

Two days after cruise ship operator Norwegian Cruise Line Holdings (NYSE: NCLH) announced it's got its first boat back in the water -- Norwegian Jade, sailing out of Athens for the first time since March of last year -- rival Carnival Corporation (NYSE: CCL) (NYSE: CUK) was the next cruise stock to report good news.

Yesterday, the "Carnival Miracle" departed the Port of Seattle bound for a week-long cruise to Alaska and back.

Carnival hailed the resumption of Alaska cruising with a "Back to Fun" ribbon-cutting ceremony Tuesday, and investors celebrated today with an early 2%-plus jump in the stock price. (As of 9:40 a.m. EDT, the stock has given back half that gain, and was up 1.1%.)

Source Fool.com

Like: 0

CCL

Share