Carnival Has Seen a Spike in Covid-19 Cases. But It Hasn’t Hurt the Stock._老虎社区_美港股上老虎

Carnival Has Seen a Spike in Covid-19 Cases. But It Hasn’t Hurt the Stock.

Barrons2021-12-29

Cruise lines are facing a wave of Covid-19 cases, with dozens of ships under investigation by the Centers for Disease Control and Prevention amid onboard outbreaks. But it doesn’t seem to be hurting ...

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·2021-12-30
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But it doesn’t seem to be hurting stocks.With the more contagious Omicron variant of coronavirus spreading—causing the U.S. to notch a new daily record for Covid-19 infections—cruise ships operating in American waters haven’t been able to outsail the virus.There are 86 ships with reported cases of Covid-19, which meets the threshold for a CDC investigation, according to a list published by the agency, up from just 53 ships last week.The threshold for CDC investigation is cases reported in 0.1% or more of passengers; if a ship has 6,500 passengers, seven cases is enough to begin an investigation. In an investigation, cruise lines and the CDC work together to protect those on board and ensure that shipboard medical resources aren’t overwhelmed, the agency said.Of the 86 ships being investigated or monitored by the CDC, 32 are owned by Carnival (ticker: CCL). Another 25 belong to Royal Caribbean (RCL), and 15 are Norwegian Cruise Line Holdings (NCLH) ships. 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