Investor Alert

April 5, 2021, 8:41 a.m. EDT

Norwegian Cruise stock surges after plan submitted to CDC to resume U.S. cruises in July

Shares of Norwegian Cruise Line Holdings Ltd. (NYS:NCLH) surged 3.9% in premarket trading Monday, after the cruise operator said it sent a letter to the Centers for Disease Control and Prevention outlining its plan to resume U.S. cruise operations in July. The company said its plan includes the requirement that its guests and crew be fully vaccinated, as well as strict health and safety protocols. "Norwegian trusts and is optimistic the CDC will agree that mandatory vaccination requirements eliminate the need for the [Conditional Sailing Order] and therefore requests for the lifting of the order for Norwegian's vessels, allowing them to cruise from U.S. ports starting July 4," Norwegian said in a statement. Shares of other cruise operators also rallied ahead of Monday's open, as Royal Caribbean Group's stock jumped 2.5% and Carnival Corp.'s stock (NYS:CCL) (LON:UK:CCL) climbed 2.8%, while futures (CME:ES00) for the S&P 500 (S&P:SPX) tacked on 0.6%.

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