Cruise demand looks solid, Norwegian Cruise Line's CFO explained.
Carnival (NYSE: CCL) (NYSE: CUK), the world's biggest cruise operator, is an example. Considering this extreme drop, it may be tempting to pick up a few Carnival shares. Carnival had it rough during the early days of the pandemic.
Two of the major cruise line operators on the scene, Carnival (NYSE: CCL)(NYSE: CUK) and Royal Caribbean (NYSE: RCL), had very different voyages on the stock market Thursday. Carnival didn't quite barrel into an iceberg, but investors nevertheless bailed, sinking its main class of shares by over 6%. On the other hand, Royal Caribbean enjoyed a pleasant sailing, gaining more than 1% on the day.