Shares of Royal Caribbean Cruises Ltd (NYSE:RCL) are surging Tuesday morning, trading in sympathy with competitor Carnival Corp after the company announced blockbuster financial results for the second quarter.
What To Know: Tuesday’s rally was ignited by Carnival’s strong performance, which included record second-quarter revenues of $6.3 billion. The company reported adjusted net income of $470 million, outperforming its previous guidance by $185 million.
