Why Are Cruise Stocks CCL, RCL, NCLH Up Today?

Given that we're still in earnings season, investors may be correct in assuming earnings have something to do with this move. Carnival reported second-quarter earnings which surprised the market and analysts, showing a quarterly profit of 11 cents per share on revenue of $5.78 billion. Indeed, the company was predicted to turn a loss during the period and its 17% revenue growth number was much better than what analysts had expected. Thus, this sector-wide move higher today certainly makes sense. But it's al ...