Why Carnival Corporation, Royal Caribbean, and Norwegian Cruise Line Holdings Stocks Sank Friday

Why Carnival Corporation, Royal Caribbean, and Norwegian Cruise Line Holdings Stocks Sank Friday

Yesterday, as you may have heard, the U.S. Centers for Disease Control and Prevention (CDC) officially extended its controversial no-sail order for the cruise industry by another month, through Oct. 31. This is not how things are working out, however -- and I think you can blame Carnival itself for that.