You Must Be This Tall to Ride the Cruise Line Stocks Roller Coaster
Carnival (NYSE: CCL) (NYSE: CUK) had better hope its newest ship is worth the wait. Mardi Gras -- the first cruise ship in the Western Hemisphere to run on liquefied natural gas as well as feature the first roller coaster at sea -- won't set sail until 2021 at the earliest. Construction delays at the shipyard initially bumped its original Aug. 31 sailing date to Nov. 14, but COVID-19 concerns are pushing out ship's debut to Feb. 6 of next year.
Passengers will have to wait until 2021 to go on a coaster, but shareholders have been on a wild ride all year long. Shares of Carnival, Norwegian Cruise Line Holdings (NYSE: NCLH), and Royal Caribbean (NYSE: RCL) have been some of the market's biggest losers in the wake of pandemic cancellations. The ride isn't likely to stop later this week, when Carnival provides what could be a significant business update.
Image source: Carnival Corp.
Source Fool.com
