Many top performers in the stock market for the first half of this year were exactly what you would expect, if you’ve been following the news.
Tesla, the electric vehicle champion, wasn’t far behind.
But what were cruise ships doing near the very pinnacle of the stock market listings?
At midyear, three of the big cruise companies — Carnival, Royal Caribbean Group and Norwegian Cruise Line Holdings — were among the top 10 stocks in the S&P 500.
Consider that only three years ago, in the first months of the coronavirus pandemic, all cruise lines suspended operations and that in the ensuing months, the shares of publicly traded cruise companies were devastated.
Persons:
you’ve, Tesla, wasn’t
Organizations:
Nvidia, Meta, Facebook, Royal Caribbean Group, Cruise Line Holdings