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

Joe Tenebruso, The Motley Fool
Why Carnival, Royal Caribbean, and Norwegian Cruise Line Stocks Rose Today

Cruise ship stocks rallied on Monday, as optimism for COVID-19 vaccines and treatments rose. A flurry of encouraging coronavirus-related developments in recent days likely contributed to the gains in cruise ship stock prices. On Friday, Moderna (NASDAQ: MRNA) announced the commencement of its phase 2 study for its COVID-19 vaccine, mRNA-1273.