Why Carnival and Other Cruise Stocks Popped Tuesday
Cruise tourism stocks floated higher Tuesday as positive news on the COVID-19 front gave investors more reason to hope that the crisis stage of the pandemic may be heading toward its end. At the close of trading, Carnival (NYSE: CCL) stock was up a healthy 5.7%, while Norwegian Cruise Line (NYSE: NCLH) was up by 3.7%, and Royal Caribbean (NYSE: RCL) had sailed ahead by about 4.4%.
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Tuesday's coronavirus news came on two fronts: statistics and regulations.
Source Fool.com
