2 Cruise Line Stocks Are Moving in Different Directions

2025-12-10 13:37:00 ET

There's an old saying that a rising tide lifts all ships. Ironically enough, the adage doesn't apply to cruise line stocks . Norwegian Cruise Line (NYSE: NCLH) is once again the worst-performing investment in the industry, trading 27% lower in 2025. At the other end of the performance spectrum you have Viking Holdings (NYSE: VIK) . The leading river cruise operator has risen 54% this year.

Royal Caribbean (NYSE: RCL) and Carnival (NYSE: CCL) -- the country's most valuable cruise line operator and the largest, respectively -- are splitting the difference. They are clocking in with modest single-digit gains this year.

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