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Benzinga
Benzinga
Business
Melanie Schaffer

Chart Wars: Does Carnival or Norwegian Cruise Lines Look Set To Travel Higher?

Norwegian Carnival NYSE Carnival Corp

Carnival Corp (NYSE:CCL) and Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) were flying up more than 8% and 9%, respectively, on Wednesday after bouncing from downtrends the two stocks slid into on Sept. 20.

Last week, Norwegian hosted an investor day, where the cruise line highlighted its 2023 priorities, which Norwegian believed could push the company toward a record-setting year. Next year, Norwegian will offer more upscale births than its competitors and increase its fleet by three ships, bringing in higher revenues and improving its margins.

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