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Cruise line stocks bid up again as investors look to 2021

  • The cruise line sector is setting up for a second day of gains after Carnival announced yesterday a partial resumption of cruises out of Italy.
  • Carnival (CCL +2.4%), Royal Caribbean (RCL +1.5%), Lindblad Expeditions Holdings (LIND +9.7%) and Norwegian Cruise Line Holdings (NCLH +3.0%) are higher in early trading as the timetable looks better to resume cruises in the U.S. as well sometime next year.
  • Still, for the moment, U.S. ports remain closed because of a no-sail order by the Centers of Disease Control and Prevention that runs through September 30.
  • Details on Carnival's baby steps in Europe

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