Why Carnival, Norwegian Cruise, and Royal Caribbean Stocks Bounced Back Today

Why Carnival, Norwegian Cruise, and Royal Caribbean Stocks Bounced Back Today

Words have power -- as investors discovered to their dismay last week. News of the new omicron variant of COVID-19 shocked the stock market, sending shares of cruise line stocks Royal Caribbean (NYSE: RCL), Carnival (NYSE: CCL) (NYSE: CUK), and Norwegian Cruise Line Holdings (NYSE: NCLH) tumbling 10% and more in Friday trading.