Why Carnival Corporation, Royal Caribbean, and Norwegian Cruise Line Holdings Stocks Bounced Back Wednesday
Shares of major cruise line stocks Carnival Corporation (NYSE: CCL)(NYSE: CUK), Royal Caribbean (NYSE: RCL), and Norwegian Cruise Line Holdings (NYSE: NCLH) all took a bath yesterday -- the bad kind. After industry leader Carnival announced it had suffered a $2.9 billion net loss for its most recent quarter, its stock quickly sank 10%, and pulled the others under in its wake.
That was yesterday, though. This is today. And today, Carnival and Royal Caribbean stocks are both bouncing back, up 2.7% in 3:25 p.m. EDT trading, while Norwegian Cruise is doing even a little bit better than that -- up 2.9%.
Three cruise line stocks -- which one do you like best? Image source: Getty Images.
Source Fool.com
