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Cruise shares shoot up on Pfizer coronavirus vaccine's promise

PHOTO: ANGELO GIORDANO/PIXABAY CRUISE_NYSE_Angelo_Giordano_Pixabay.jpg
Cruise shares shot up in New York following strong gains across European and Asian markets
Cruise shares shot up at Monday's open after Pfizer announced promising news about its COVID-19 vaccine.

Carnival Corp., Royal Caribbean, Norwegian Cruise Line Holdings and Lindblad Expeditions Holdings all joined the general market rally in New York.

Election boost

This followed strong gains across European and Asian markets on the first day of trading since the US presidential race was called for Joe Biden.

Whopping early gains

At market open, CCL shares were up 41%, while NCLH gained more than 30%, Royal Caribbean more than 26% and LIND 22%.