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

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

Cruise ship stocks surged on Wednesday after investors received exciting news about an experimental COVID-19 vaccine. Surging COVID-19 case counts have weighed heavily on the cruise industry. Royal Caribbean, Carnival, and Norwegian have had their ships stuck at port for months, following a string of coronavirus-related outbreaks aboard their vessels.