Friday, October 09, 2026
The Latest: Airlines, cruise lines rally to end rough week
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March 13, 2020 3:05 PM
Cruise operators and airlines showed some of the strongest gains in the S&P 500 on Friday. Those stocks, and the broader market, got a boost from furious buying in the last half-hour of trading after President Donald Trump announced actions designed to help the government counter the potential economic impact of the outbreak. Carnival Corp. and Norwegian Cruise Lines posted double-digit gains. Still, Carnival shares lost more than half their value and Norwegian shares a third of theirs for the week. Their losses for the year to date are even steeper.
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