Why Carnival Stock Popped Thursday

Rich Smith, The Motley Fool
·2 min read
Why Carnival Stock Popped Thursday
Why Carnival Stock Popped Thursday

It's not quite all unicorns and rainbows for the cruise industry today, but all of a sudden, cruise stocks are looking up. In Thursday trading, shares of Carnival (NYSE: CCL) topped 5% earlier in the day, before falling back to a 4.5% gain as of 3:20 p.m. EDT. As the Miami Herald reported last night, Carnival "is still on track to resume cruises in the U.S. on Dec. 1 after a favorable ruling from a federal judge Wednesday."