Why Norwegian Cruise, Carnival, and Azul Stocks Continued Rising Tuesday

On Tuesday, travel and leisure stocks continued riding the wave of Monday's positive news about Moderna's coronavirus vaccine showing 94.5% effectiveness, with shares of cruise lines Carnival (NYSE: CCL) up 4.5% at 1:30 p.m. EST, and Norwegian Cruise Line Holdings (NYSE: NCLH) rising 4.7%.

Royal Caribbean stock is down, so it seems the enthusiasm may already be waning there. On the other hand, shares of Brazilian airline Azul (NYSE: AZUL) are joining in the rally today, up 2.2%.

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Source Fool.com