Advertisement

Why Royal Caribbean, Norwegian Cruise Line, and Carnival Corporation Stocks All Just Popped

Why Royal Caribbean, Norwegian Cruise Line, and Carnival Corporation Stocks All Just Popped

Cruise line stocks surged out of port Thursday, with shares of Royal Caribbean (NYSE: RCL) rising 5.3% in 11:50 a.m. EST trading, Norwegian Cruise Line Holding (NYSE: NCLH) up 8.9%, and industry leader Carnival Corporation (NYSE: CCL) (NYSE: CUK) leading the pack -- up 10.3%. This morning, Bank of America raised its price targets on the two smaller players in the cruise industry -- Norwegian Cruise and Royal Caribbean.