Why Carnival Corporation, Norwegian Cruise, and MGM Resorts Stocks Dropped Today


What happened

Tuesday trading drew to a close with cruise line stocks Carnival Corporation (NYSE:CCL) and Norwegian Cruise Line Holdings (NYSE:NCLH) down 3.2% and 4.3%, respectively, while another big leisure stock, MGM Resorts (NYSE:MGM), lost 4.3%.

But the funny thing is that there was actually some pretty good news about these travel and leisure names.

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