The coronavirus outbreak has certainly taken a toll on travelers, especially when it comes to leisure purposes. However, as the virus begins to subside and less new cases are reported in the media, leisure travelling could pick up substantially.
Individual stocks like Carnival Corporation, Norwegian Cruise Line Holdings and Royal Caribbean have certainly felt the pangs of the volatility amid the coronavirus outbreak. However, the tide could be turning for these stocks.
Per a , these stocks are “struggling amid growing fears around the spread of the coronavirus — with Carnival Corp., Royal Caribbean and Norwegian Cruise Line Holdings down more than 13%, 12% and 7% respectively year to date. But cruise ship stocks caught a bid Wednesday as the broader market continued its seemingly unshakable trek to new highs.”
As cruise line