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Why Carnival, Norwegian Cruise, and Royal Caribbean Stocks Dropped Friday

Why Carnival, Norwegian Cruise, and Royal Caribbean Stocks Dropped Friday

What happened Cruise tourism stocks sailed lower in the water Friday. In early trading, each of the major publicly traded cruise stocks -- Royal Caribbean (NYSE: RCL), Norwegian Cruise Line Holdings (NYSE: NCLH), and Carnival (NYSE: CCL) (NYSE: CUK) -- declined about 5% before recovering somewhat in the afternoon.