A woman wearing a face mask as a preventative 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 one. “Conditional sails order. “
The No-Sail Order expires on Saturday.
Stocks of the largest cruise company in the world, Carnival Corp.., rose more than 11% on the news on Friday afternoon. Shares of royal caribbean and Norwegian cruise line both traded more than 6% higher.
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