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Why Norwegian Cruise, Carnival, and Royal Caribbean Stocks Dropped Today

Rich Smith, The Motley Fool
·3-min read
Why Norwegian Cruise, Carnival, and Royal Caribbean Stocks Dropped Today

It's Thursday, and it looks like cruise ship stocks are cruising for another bruising. An ill-timed insider stock sale at Norwegian Cruise Line Holdings (NYSE: NCLH), combined with a negative analyst note, torpedoed shares of the U.S.-based cruiser -- and took shares of Carnival (NYSE: CCL) and Royal Caribbean (NYSE: RCL) down with it. As of 11:05 a.m. EST today, shares of Carnival are sinking 3%, and Royal Caribbean is diving 4.3%.

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