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Cruise Stocks Fall as Oil Price Hits Five-Month High: Norwegian Sinks 6%, Royal Caribbean and Carnival Drop 4%
Source: 247wallst.com
Energy Markets & PricesTravel & LeisureCompany Fundamentals
Oil prices have reached a five-month high, pressuring cruise operators because fuel is among their largest operating costs. Norwegian Cruise Line Holdings shares are down 6%, trading at $14; the article excerpt provides no further details.
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