The Centers for Disease Control and Prevention have lifted their sailing ban for U.S. cruise voyages as of Nov. 1, buoying shares of major cruise-line stocks over the past few days. But investors hoping for full steam ahead in the industry could run into trouble.
Shares of Royal Caribbean Group are up nearly 7% since Thursday on the news that its U.S. operations can prepare to resume, while shares of Carnival Corp. and Norwegian Cruise Line Holdings are both up roughly 5% over the same period. The expiration of the “no sail”…
