Why Norwegian Cruise Line, Royal Caribbean, and Carnival Sank Today

Why Norwegian Cruise Line, Royal Caribbean, and Carnival Sank Today

Shares of Norwegian Cruise Line Holdings (NYSE: NCLH) plunged 12% on Friday after it announced another massive stock sale. Fellow cruise-ship operators Royal Caribbean (NYSE: RCL) and Carnival (NYSE: CCL) (NYSE: CUK) also declined by 5% on the news. Cruise-ship stocks fell on Friday.