Why Royal Caribbean, Carnival, and Norwegian Cruise Line Stocks Just Jumped
It's Monday, and things seem to be taking a turn for the better for cruise line stocks. In early afternoon trading, shares of Royal Caribbean (NYSE: RCL) are leading the cruise sector higher, up 10.9% as of 12:30 p.m. EDT after reporting earnings this morning.
Rivals Carnival (NYSE: CCL) and Norwegian Cruise Line Holdings (NYSE: NCLH) are following suit, up 7.7% and 8.6%, respectively. But if you ask me, it all started with Royal Caribbean.
Image source: Getty Images.
Source Fool.com