Vaccine relief sweeps over the travel sector

 

• Pictures of the first shipments of COVID-19 vaccines leaving Pfizer's facility in Kalamazoo, Michigan are enough to bring some holiday cheer to the travel and leisure sector today. Pfizer did not take money from Operation Warpspeed, but is working with FedEx, UPS and the government on coordinating early distribution.
• In the cruise line sector, Carnival (NYSE:CCL) is 5.07% higher premarket, Royal Caribbean (NYSE:RCL) is up 3.07% and Norwegian Cruise Line Holdings (NYSE:NCLH) is showing a 3.02% gain.
• Other stocks moving in the premarket session includes Delta Airlines (NYSE:DAL) +1.99%, American Airlines (NASDAQ:AAL) +3.52%, United Airlines (NASDAQ:UAL) +2.44%, Southwest Airlines (NYSE:LUV) +1.46%, Marriott International (NASDAQ:MAR) +1.55%, Six Flags Entertainment (NYSE:SIX) +1.76%, SeaWorld Entertainment (NYSE:SEAS) +2.05%, MGM Resorts (NYSE:MGM) +1.49% and Hyatt Hotels (NYSE:H) +1.11%.
• Of course, the key question remains on when travel will return to 2019 levels. Most analysts expect to see that milestone in the very late part of 2021 or 2022.
• https://seekingalpha.com/news/3644009-vaccine-relief-sweeps-over-travel-sector