Why Carnival, Royal Caribbean, and Norwegian Cruise Line Stocks Plunged on Wednesday
A day after what seemed like a big recovery, cruise line stocks continued their skid on Wednesday. Shares of Carnival (NYSE:CCL) closed down 33.1%, Royal Caribbean Cruises (NYSE:RCL) ended the day down 19.8%, and Norwegian Cruise Line Holdings (NYSE:NCLH) lost 12.8%. Tuesday’s bump in shares came as Carnival announced a $3 billion bond …
News story posted on 2020-04-02T00:42:00.0000000Z