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Why Carnival Is Rising Today

TheMotleyFool

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Why Carnival Is Rising TodayPhoto, wide shot, wide-angle lens, Department store, sunset photo at golden hour, photo by Art Wolfe: https://img.midjourneyapi.xyz/temp/57f223bf-67a0-476b-94dd-76010fccb266.png

Shares of Carnival (NYSE: CCL)(NYSE: CUK) were rising 2% higher in midday trading Friday as travel-related stocks were getting a boost from a generally better outlook for the sector.

Cruise ship stocks were among the beneficiaries of the U.K. announcing it would consider easing travel restrictions imposed due to COVID-19. Not only was Carnival rising, but Royal Caribbean (NYSE: RCL) and Norwegian Cruise Lines (NYSE: NCLH) were also up about 2% around noon EDT.

Image source: Getty Images.

Source Fool.com

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