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Why Norwegian Cruise Line, Carnival, and Royal Caribbean Stocks Are Out of Gas Today

Why Norwegian Cruise Line, Carnival, and Royal Caribbean Stocks Are Out of Gas Today

Cruise tourism stocks Norwegian Cruise Line Holdings (NYSE: NCLH) and Carnival Corporation (NYSE: CCL) (NYSE: CUK) are tumbling on anticipated higher fuel costs today, down 4.5% each as of 10:15 a.m. ET. Rival Royal Caribbean (NYSE: RCL) isn't getting hit as hard, but it's still down a sizable 4%. A note from investment bank Macquarie Group out this morning highlighted the problem, as TheFly.com just reported.