Why Royal Caribbean, Carnival, and Norwegian Cruise Line Stocks Popped Today

Cruise ship stocks rose on Wednesday after the White House said the U.S. would have enough coronavirus vaccines available to inoculate every adult in the country two months earlier than anticipated. As of 1:05 p.m. EST, shares of Royal Caribbean (NYSE: RCL), Carnival (NYSE: CCL) (NYSE: CUK), and Norwegian Cruise Line Holdings (NYSE: NCLH) were up 4%, 6%, and 8%, respectively. The White House's announcement came after the U.S. Food and Drug Administration granted emergency use authorization to Johnson & Johnson for its single-shot COVID-19 vaccine.