If you own cruise line stock, you are waking up to some fabulous news this morning.
Cruise line stocks are up as much as 20% in pre-market trading on Monday thanks to positive data from Coronavirus vaccine trials.
Both Pfizer and BioNTech's vaccine trials showed to be more than 90% effective seven days after the second dose in preventing infection in participants with no evidence of prior SARS-CoV-2 infection.
The positive news sent the major cruise line stocks of Carnival Cruise (NYSE:CCL), Norwegian Cruise (NYSE:NCLH), Royal Caribbean (NYSE:RCL) anywhere between 25%-30%. Lindblad Expeditions (NASDAQ:LIND) is up 18%.
Drug makers may apply for emergency use as soon as later this month.
"This is a game changer," Albert Bourla, Pfizer's chairman and chief executive said Monday.
Matt Hochberg
Matt loves to cruise, and started Cruise.Blog as a place to share different cruise experiences, advice, and what to know before going on a cruise.
He lives in Florida with his wife and two daughters, where he can be found on any given day trying to convince his wife they "need" to book another cruise.
