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Is the rebound in cruise stocks for real? Or should you abandon ship? What happened It's Thursday, two days after the stock market's big 4% one-day plunge -- and the good news is that while stock markets in general look "mixed" today (some averages up, others down), one sector in particular is showing surprising strength: cruise stocks. In late-morning trading, shares of all three of the major U.S.-based cruisers are on the rise. So far, as of 10:55 a.m. ET, we're seeing Norwegian Cruise Line Holdings (NCLH 4.15%) up 3%... Expand undefined Stock Quote NYSE: NCLH Norwegian Cruise Line Holdings...

Cruise stocks were tumbling to their lowest point since 2020 on Thursday as fears intensified over rising inflation and a potential recession. Fueling the selloff were concerns that consumers will be curbing discretionary spending in response to rising prices and economic uncertainty. There’s also an uptick in Covid-19 cases that may be increasing consumer reluctance to hop on a cruise. The seven-day moving average for known Covid-19 cases has hovered around 100,000, according to the Centers for Disease Control and Prevention, and likely is higher amid an increased reliance on at-home testing kits that don’t get reported to public officials....

What happened Shares of cruise line stocks plunged in trading on Tuesday as the market continues to grapple with economic uncertainty. . So what The news continues to be murky at best with companies warning of slowing sales in a variety of sectors, consumers experiencing inflation, and the Federal Reserve continuing to indicate that it will keep raising interest rates. Today's news was that Snap is experiencing far slower advertising spending in just the last few weeks than expected and that indicates companies from direct response retailers to gaming companies to big brands are pulling back on their spending. This...

The cruise industry is sailing on for now despite travel warnings from health officials. But it hasn’t been smooth sailing, and plenty of hurdles remain. As of Saturday afternoon, there were no reports of any cruise voyage cancellations, Patrick Scholes, a travel and leisure analyst at Truist Securities, points out that the CDC’s action comes at an especially bad time for the cruise operators. Woronka says that enthusiasm for cruising remains strong among travelers. The largest bucket of cruise customers, he says, “are going to go” on sailings. “The market is saying that these disruptions are not going to cripple...

What happened Tuesday should have been a good day for investors in the cruise ship sector. Bright and early this morning, analysts at investment bank JPMorgan raised their price targets across the industry, predicting that within a year, Carnival Corporation (NYSE:CCL) (NYSE:CUK) stock will sell for $33 a share, Norwegian Cruise Line Holdings (NYSE:NCLH) will rise to $36, and Royal Caribbean (NYSE:RCL) will hit $110 a share. But then Norwegian Cruise dropped a weapon in the water and torpedoed the stock rally. As of 11:30 a.m. EST, Carnival stock is down 3.1%, Norwegian is down 3.3%, and Royal Caribbean is...