Why Cruise Ships Are Going Full Speed Ahead Today
A rising tide lifts all boats, and that's what's literally occurring today as Carnival (NYSE: CCL)(NYSE: CUK) reported a second-quarter business update that's got Royal Caribbean (NYSE: RCL) and Norwegian Cruise Lines (NYSE: NCLH) also riding the wave higher. Where Carnival stock is up 9.9% at 11:16 a.m. ET on Friday, shares of Royal Caribbean are running 12.7% higher and Norwegian is up 11.6%.