Carnival Company (NYSE:CCL), (NCLH) – Why Norwegian, Carnival, Royal Caribbean Are Buying and selling Larger

Cruise ship stocks traded higher on Monday on optimism over COVID-19 vaccines, which has improved the outlook for the travel and cruise sector.

Norwegian cruise line (NYSE: NCLH) is the third largest cruise company in the world (with nearly 60,000 berths) and operates 28 ships of three brands (Norwegian, Oceania and Regent Seven Seas) offering both freestyle and luxury cruises.

Norwegian Cruise Line’s shares were up 21.11% to $ 9.81. The stock has a 52-week high of $ 59.78 and a 52-week low of $ 7.03.

Carnival Corp. (NYSE: CCL) is a global cruise company with more than 100 ships at sea as of the end of 2019. The brand portfolio includes Carnival Cruise Lines, Holland America, Princess Cruises and Seabourn in North America. P&O Cruises and Cunard Line in the UK; Aida in Germany; Costa Cruises in Southern Europe; and P&O Cruises in Australia. Carnival also owns Holland America Princess Alaska Tours in Alaska and the Canadian Yukon.

Carnival shares rose 432% to $ 21.75. The stock has a 52-week high of $ 51.94 and a 52-week low of $ 7.80.

Royal Caribbean Cruises (NYSE: RCL) operated more than 60 ships from six global brands and partner brands in the cruise industry. Brands that the company operates include Royal Caribbean International, Celebrity Cruises, Azamara Club Cruises and Silversea.

Royal Caribbean Cruises’ shares rose 3.35% to $ 73.03. The stock has a 52-week high of $ 135.32 and a 52-week low of $ 19.25.

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