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

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%.