Cruise Operator Stocks Rally After U.S. Moves To Normalize Relations With Cuba | Fox Business

NEW YORK – Shares of cruise operators rallied in midday trade Wednesday, in the wake of news that U.S. was moving to normalize relations with Cuba. Royal Caribbean's stock climbed 3.9%, and was on course for an all-time closing high. The stock has now run up 17% over the past month. Carnival Corp.'s stock surged 3%. The intraday high of $44.76 was the highest level seen since Feb. 18, 2011. And Norwegian Cruise Line Holdings' stock rose 1.7%, to within 2.2% of the record closing high. Meanwhile, shares of marine fuel logistics company Aegean Marine Petroleum Network , which is one of Royal Caribbean's top suppliers, rose 1.9%.