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.

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