Why Carnival Stock Popped Today

Shares of Carnival (NYSE: CCL) bounced back from a rough Wednesday to score a respectable 3.9% gain through 11:20 a.m. EDT on Thursday, responding to some good news from the cruise line operator yesterday.

Carnival got hit by news of new CDC recommendations yesterday. Specifically, there was an advisory that (among other things) fully vaccinated passengers should wear masks on ships, making the prospect of paying thousands of dollars for a cruise somewhat less appealing.

Nevertheless, for passengers who are determined to cruise, there now may be more options to do so. As Carnival announced in the afternoon, by spring of next year, the entire fleet of its Holland America Line will be back in service, when its remaining ships have all resumed cruising.

Source Fool.com