Cruise Stocks Are Having a Bad Day–and 2024

Shares of Norwegian Cruise Line Holdings were down 5.6% on Friday afternoon, while Royal Caribbean Cruises stock was off 3.8% and Carnival Corporation shares were down 3.1%. Cruise companies saw healthy occupancy levels after travelers came back in [droves](https://www.barrons.com/articles/carnival-earnings-stock-price-a80f80a1?mod=md_stockoverview_news), making up for the time lost during the pandemic. Royal Caribbean and Carnival were among the top 10 performers of the S&P 500 in 2023, gaining 162% and 130%, respectively.