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Why Carnival, Royal Caribbean, and Norwegian Cruise Line Stocks Soared Today

Joe Tenebruso, The Motley Fool
·2-min read
Why Carnival, Royal Caribbean, and Norwegian Cruise Line Stocks Soared Today

Cruise ship stocks surged on Friday after a surprising jobs report boosted investors' hopes for a faster-than-expected economic recovery. As of 1:30 p.m. EDT, shares of Carnival (NYSE: CCL), Royal Caribbean (NYSE: RCL), and Norwegian Cruise Line Holdings (NYSE: NCLH) were all up more than 20%. The U.S. economy added 2.5 million jobs in May, according to the Labor Department, which brought the unemployment rate down to 13.3%.

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