Cruise stocks fall after CDC says stay away
CNN
Cruise company stocks had been holding up remarkably well in December despite concerns about Covid outbreaks on ships and the rapidly spreading Omicron variant. But that's no longer the case.
The US Centers for Disease Control and Prevention said Thursday that even vaccinated people should no longer take a cruise vacation. Shares of Carniva (CCL)l, Royal Caribbean (RCL) and Norwegian (NCLH) were each down about 1% to 2% Friday.
Carnival's stock is now down about 7% this year while Royal Caribbean has plunged nearly 19% in 2021. Royal Caribbean shares are up 3%, but that lags the S&P 500's gain of more than 27%.
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