Cruise shares rise as CDC relaxes Covid’s crusing restrictions for the trade
A woman wearing a face mask as a preventive measure against the spread of the COVID-19 coronavirus cruises cruise ships at port in Long Beach, California on April 11, 2020.
Apu Gomes | AFP | Getty Images
Cruise stocks rose Friday after the Centers for Disease Control and Prevention announced they would replace their nearly 8-month no-sail order with a less restrictive “Conditional Sailing Order”.
The No-Sail Order expires on Saturday.
The shares of the world’s largest cruise company, Carnival Corp., rose more than 11% on Friday afternoon. Royal Caribbean and Norwegian Cruise Line’s shares both traded more than 6% higher.
This is the latest news. You can find updates here.