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Why Norwegian Cruise, Las Vegas Sands, and Park Hotels Stocks All Popped Today

Why Norwegian Cruise, Las Vegas Sands, and Park Hotels Stocks All Popped Today

Across America and around the world, the omicron coronavirus variant is in full swing, and we're not even done with the delta variant yet! Despite these continuing COVID-19 fears, though, investors seem no longer so panicked about the pandemic. As of 12:45 p.m. ET Monday, shares of stocks that depend on a business model of gathering large groups of vacationers together in confined places are doing quite well, with hoteliers Las Vegas Sands (NYSE: LVS) and Park Hotels & Resorts (NYSE: PK) up 10% and 10.1%, respectively, and Norwegian Cruise Line Holdings (NYSE: NCLH) stock up 12.1%.