NCLH - What's Going On With Carnival Stock? | Benzinga
Carnival Corporation (NYSE:CCL) shares are trading higher Tuesday. The stock may be moving in sympathy with Norwegian Cruise Line Holdings, Ltd. (NYSE:NCLH) following its earnings report and upbeat outlook.
The Details:
Norwegian reported mixed fourth-quarter results before the market open and issued upbeat 2024 guidance based on "exceptional demand."
Last week Royal Caribbean Group also raised its 2024 guidance and said demand and bookings have exceeded expectations.
Cruise line stocks are rallying Tuesday on the heels of the earnings report and upbeat outlooks. Carnival shares are climbing on heavy volume that has already surpassed its 100-day average volume, according to data from ...