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Stock Market News: Cruise Stocks Bulls Make Their Case

Stock Market News: Cruise Stocks Bulls Make Their Case

The prospects for local reopenings are good for ailing retailers, but for cruise ship stocks, challenges linger on. Facing an ongoing no-sail order and concerns about how the industry will be able to adapt to post-coronavirus realities, Royal Caribbean (NYSE: RCL), Norwegian Cruise Line Holdings (NYSE: NCLH), and Carnival (NYSE: CCL) have all faced major declines in 2020 as their very existence has been called into question. One of the biggest fears about cruise ship companies is that they won't be able to find a way to return to normal operations as long as there are any worries about COVID-19 or other health concerns.