Why Carnival Stock Popped Thursday

It's not quite all unicorns and rainbows for the cruise industry today, but all of a sudden, cruise stocks are looking up. In Thursday trading, shares of Carnival (NYSE: CCL) topped 5% earlier in the day, before falling back to a 4.5% gain as of 3:20 p.m. EDT. Fellow cruisers Royal Caribbean (NYSE: RCL) and Norwegian Cruise Line Holdings (NYSE: NCLH) benefited as well, rising 3.3% and 3.6%, respectively.

Image source: Getty Images.

As the Miami Herald reported last night, Carnival "is still on track to resume cruises in the U.S. on Dec. 1 after a favorable ruling from a federal judge Wednesday."

Source Fool.com