Airline and cruise stocks rally as Pfizer drug progress spurs hope for travel-industry recovery | Markets Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

Airline and cruise stocks rally as Pfizer drug progress spurs hope for travel-industry recovery

in trial participants. The pharmaceutical company now plans to apply for emergency-use authorization that would allow it to more rapidly distribute the drug.3 volatility experts explain why the VIX has plunged so quickly despite a nail-biting election contest — and share what they are recommending to clients right now

Economists and strategists alike have repeatedly said that containing the virus is critical to driving a full recovery. With cases surging to record highs in the US, a viable vaccine is increasingly viewed as a silver bullet for ending the pandemic. The travel industry was among those hit hardest by the virus and related quarantines. Airline and cruise stocks tumbled through March as trips were placed on hold and people avoided unnecessary travel. While airlines have experienced a partial recovery, cruises are still under a"No Sail" order from the Centers for Disease Control.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Yeahhh-NO! So if u get a cheap ticket 🎫 on a ship or plane ride would u be willing to purchase if u have a 13% of maiming or death 💀. Pfizer will wait till after inauguration to erase the “trump brand” on their vaccine 💉 & cover up w new prez approval. ShowtheData

alessandralanot 2021 travel goals 🙌🏼✨

Back in business eh, who woulda thought... was beginning to look a tad bit grim.

wow

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in BUSİNESS

Business Business Latest News, Business Business Headlines