Why Carnival Corporation and Norwegian Cruise Line -- and AMC Stock, Too -- Popped Today
For the third trading day in a row, shares of Carnival Corporation (NYSE: CCL) and Norwegian Cruise Line Holdings (NYSE: NCLH) are on the rise, up 4.1% and 4.2%, respectively, as of 11 a.m. EDT. Movie theater chain AMC Entertainment (NYSE: AMC) is also notching its third straight day of share-price gains -- up 2.6% -- and it's all because of COVID-19. Stocks tied to the tourism industry began moving higher on Friday in anticipation of a decision from the U.S. Food and Drug Administration fully approving Pfizer and BioNTech's coronavirus vaccine for prevention of COVID-19 infection in patients aged 16 and over.