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Why Carnival, Norwegian Cruise Line, and Royal Caribbean Were Soaring Monday Morning

Rich Duprey, The Motley Fool
·2-min read
Why Carnival, Norwegian Cruise Line, and Royal Caribbean Were Soaring Monday Morning

Shares of cruise line operators Carnival (NYSE: CCL), Norwegian Cruise Line (NYSE: NCLH), and Royal Carribbean (NYSE: RCL) were all soaring by double-digit rates Monday morning. Carnival opened 11% higher today and Norwegian and Royal were up 15% each. A series of positive developments inspired hope among cruise ship investors that the worst may be behind the industry and they could extend their rally for a third consecutive trading day.

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